SUPPORT THE ROUTE 58 PPTA: A Good Investment in Virginia

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1 Project Profile: SUPPORT THE ROUTE 58 PPTA: A Good Investment in Virginia In 1989, the General Assembly established the Route 58 Corridor Development Program to enhance economic development potential across this largely rural portion of the state. The Program was intended to create Super 58, a seamless four-lane expressway connecting the communities along the southern border of Virginia from Hampton Roads to the western end of Virginia. Four-lane Route 58 improvements have been completed from Virginia Beach west to Stuart. Bypasses have been constructed around South Hill, Clarksville, Danville, Martinsville and Stuart. These improvements have eliminated safety hazards, improved traffic flow and represent a tremendous potential boon to these economically-stressed areas by providing direct access to the ports in Hampton Roads making the Route 58 corridor more attractive to industrial operations and distribution centers. The impact of this Program is magnified by Route 58 s support of a major driver of the Commonwealth s economic future: the Port of Virginia s ability to capitalize on opportunities arising from expansion of the Panama Canal (New Panamax) and development of Craney Island. With dramatic increases in containerized cargo volumes on the horizon, the completed Route 58 will enhance the Port s ability to market a more efficient movement of goods to more destinations. Route 58 PPTA: In 2003, VDOT entered into a PPTA agreement with Branch Highways, Inc. to develop, design and construct the remaining 36 miles of Route 58 (Hillsville to Stuart). This agreement was broken into multiple phases, each contingent on funding: Phase 1: Three-mile segment crossing the Blue Ridge Parkway at Meadows of Dan (completed November 7, 2005, on budget and ahead of schedule) Phase 2: Five-mile Hillsville Bypass in Carroll County (completed August 30, 2011, on budget and ahead of schedule) Phase 3: Eight-mile Laurel Fork/Tri-County Project in Carroll, Floyd and Patrick Counties (in progress, to be finished by December, 2015) Remaining Phases: Twenty-mile improvements between Hillsville and Stuart (not started, as funding is not yet available, and could be combined or divided as funding becomes available): Crooked Oak Section: Eight-mile segment from the Hillsville Bypass to the Laurel Fork/Tri-County section (estimated cost: $ million) Lovers Leap and Vesta Sections Twelve-mile segment from the Meadows of Dan to Stuart (estimated cost: $ million) - - Route 669 Connector Two-mile segment that ties in Route 100 and Route 221 to Route 58 by the Hillsville Bypass (estimated cost: $10-15 million)

2 Completing the Vision: Virginia needs to capitalize its decades of progress and investment by completing the remaining 20 miles of improvements to Route 58. There are enormous benefits to funding the completion of this project now, including: Relieving safety and congestion concerns on both I-64 and I-81 by providing a safe alternate route for all vehicles Enhancing Virginia s ability to become the international gateway for the East Coast for commercial and resort traffic, adding an efficient link connecting Hampton Roads to Southeastern and Midwestern states Leveraging Virginia s port-related economic development by using upcoming increases in containerized cargo volumes to improve the Virginia Port Authority s ability to market a more efficient movement of goods to more destinations. Improving economic opportunities and quality of life for hard-hit regions, including the counties of Carroll, Patrick, Floyd and Henry, the Cities of Martinsville and Danville, and the Towns of Hillsville and Stuart Creating jobs for Virginia employees on the PPTA team, who have a long-standing record of performance in partnership with VDOT Reducing (if not eliminating) risk to VDOT for cost overruns Taking advantage of a lower overall project cost. Please support funding for the Route 58 PPTA. It s a good investment for Virginia. Please do not hesitate to contact us with any questions: Ralph L. Bill Axselle, Jr. (804) baxselle@williamsmullen.com Charles E. Chuck Wall (804) cwall@williammullen.com Katherine W. Katie Payne (804) kpayne@williamsmullen.com

3 ROUTE 58 PPTA - HILLSVILLE TO STUART (37 MILES) BRANCH HIGHWAYS, INC. Completed PE/RW Active Under Construction ROUTE MILES E36 RIGHT OF WAY COMPLETE UPC CROOKED OAK 7.2 MILES E12 RIGHT OF WAY STAGE UPC ESTIMATED COSTS - $173M LAUREL FORK 5.0 MILES E11 NTP 12/2011 EST. COMPLETION 10/2015 UPC HILLSVILLE BYPASS 5.2 MILES E13 COMPLETED 2011 UPC TRI-COUNTY 3.2 MILES E02 NTP 12/2011 EST. COMPLETION 10/2015 UPC MEADOWS OF DAN 2.7 MILES E02 COMPLETED 5/2006 UPC VESTA 4.0 MILES E19 RIGHT OF WAY STAGE UPC ESTIMATED COSTS - $108M LOVER S LEAP 7.8 MILES E18 RIGHT OF WAY STAGE UPC ESTIMATED COSTS - $272M

4 Existing Route 58 Key Areas to Complete Rt-58 Corridor From I-77 to Norfolk CROOKED OAK SECTION VESTA & LOVER S LEAP SECTION SEE ROUTE 58 PPTA CORRIDOR ENLARGEMENT Upgraded Modern Four-Lane Highway The construction schedule will most likely be 2 to 3 years for each remaining project. The construction is expected to generate more than 1,000 jobs US Route 58 Corridor Improvements is a PPTA Design-Build project for VDOT in southwest Virginia. Branch Highways, Inc. has completed the Meadows of Dan and Hillsville sections. The third section, Tri-County Laurel Fork, is currently under construction with an anticipated completion date of The corridor serves as an economic development opportunity for the Commonwealth and is a priority for Governor McDonnell under his current transportation program. Once complete, this corridor will serve as a major route connecting southwest Virginia and Norfolk. Three (3) remaining sections need to be designed and constructed. These last three sections of Rt-58 can be constructed concurrently. The environmental documents for all three sections have been approved which will allow for construction to begin shortly after design starts. Design can start immediately following Notice-to-Proceed for the projects.

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6 ROUTE 58 PPTA - CROOKED OAK Project Elements Utilities to be relocated: CenturyLink AEP Frontier Natural Gas Environmental permits and clearances required to be completed. 93 of 107 right-of-way parcels cleared 28 of 33 right-of-way relocations cleared 72 of 89 utility easements cleared. Funding Required $173 Million Additional Project Information 7.2 miles, two bridges E12 UPC Work can begin immediately on prerequisite activities, such as design, permitting, right-of-way acquisition and utility relocations. This allows for construction activities to start within a year of the prerequisite activities. Project Overview The Crooked Oak section of the Route 58 corridor connects the Laurel Fork section to the recently constructed Hillsville Section. Extends km (7.2 miles) across rolling to mountainous terrain from km west of Route 820 (Freemont Road) to km east of Big Reed Island Creek. Utilizes the existing two-lane roadway section to enhance the roadway to a principal arterial four-lane divided highway. The following is a synopsis of the proposed VDOT and Branch Highways, Inc. Crooked Oak highway project: VDOT Project E12 in Carroll County, VA. Mainline bridges over two waterways Snake Creek and Big Reed Island Creek Utilities to be relocated CenturyLink, AEP, Frontier and Natural Gas Environmental permits and clearances to be developed and acquired from USACE and VDEQ Proposed right of way/easements to be acquired

7 ROUTE 58 PPTA - VESTA Project Elements Utilities not relocated: CenturyLink AEP Frontier Natural Gas Environmental permits and clearances required to be completed. 69 of 77 right-of-way parcels cleared 31 of 32 right-of-way relocations cleared 57 or 66 utility easements cleared Funding Required $108 Million Additional Project Information 4.0 miles, two bridges E19 UPC Work can begin immediately on prerequisite activities such as design, permitting, right-of-way acquisition and utility relocations. This allows for construction activities to start within a year of the prerequisite activities. Project Overview The Vesta section of the Route 58 corridor will connect to the recently constructed Meadows of Dan Section. Extends from km west of the intersection with County Route 795 (Mabry Mill Road to the north; Dan River Road to the south) to km east of the intersection with County Route 610 (Busted Rock Road). Utilizes the existing two-lane roadway section to enhance the roadway to a principal arterial four-lane divided highway. The following is a synopsis of the proposed VDOT and Branch Highways, Inc. Vesta highway project: VDOT Project E19 in Patrick County, Virginia Mainline bridges over Dan River Utilities to be relocated CenturyLink, AEP, Frontier and Natural Gas Environmental permits and clearances to be developed and acquired from USACE and VDEQ Proposed right of way/easements to be acquired

8 ROUTE 58 PPTA - LOVER S LEAP Project Elements eas Utilities not relocated: CenturyLink AEP Frontier Natural Gas Environmental permits and clearances required to be completed 55 of 74 right-of-way parcels cleared 17 of 22 right-of-way relocations cleared 52 of 71 utility easements cleared Funding Required $272 Million Additional Project Information 7.8 miles, no bridges E18 UPC Work can begin immediately on prerequisite activities such as design, permitting, right-of-way acquisition and utility relocations. This allows for construction activities to start within a year of the prerequisite activities. Project Overview The Lover s Leap section of the Route 58 corridor completes the easternmost section of the corridor before connecting into the existing Stuart Bypass in Stuart, Virginia. Extends km (7.8 miles) across very rugged and mountainous terrain from km east of the intersection with County Route 610 (Busted Rock Road) to the Stuart Bypass. Provides separation between eastbound and westbound lanes to improve safety conditions due to the mountainous terrain of this section for the traveling public, such as school buses and trucks. 1,500 elevation difference between Lover s Leap and Stuart Utilizes the existing two-lane roadway section to enhance the roadway to a principal arterial four-lane divided highway. The following is a synopsis of the proposed VDOT and Branch Highways, Inc. Lover s Leap highway project: VDOT Project E18 in Patrick County, Virginia No Bridges Utilities to be relocated CenturyLink, AEP, Frontier and Natural Gas Environmental permits and clearances to be developed and acquired from USACE and VDEQ Proposed right of way/easements to be acquired

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