THE TURNPIKE EXPERIMENT

Private developers are spending hundreds of millions of dollars on toll roads in Virginia and California. The public sector has a lot at stake in the success of these private roads, as in both places, the private companies will completely cede ownership of the roads back to the states in 40 years. State Route 91 in California and the Greenway in Virginia are, so far, the only two private toll roads in business. Since the law allowing construction of the Greenway was enacted in Virginia in 1988, more than 10 states have passed similar provisions. The success of the two existing roads is being watched very carefully by the private sector investors to help them determine the extent of their financial commitment.

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  • Corporate Authors:

    Congressional Quarterly, Incorporated

    1100 Connecticut Avenue, NW, Suite 1300
    Washington, DC  United States  20036
  • Authors:
    • Daniels, A
  • Publication Date: 1996-5

Language

  • English

Media Info

  • Pagination: p. 31-32
  • Serial:
    • Governing
    • Volume: 9
    • Issue Number: 8
    • Publisher: Congressional Quarterly, Incorporated
    • ISSN: 0894-3842

Subject/Index Terms

Filing Info

  • Accession Number: 00721005
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 27 1996 12:00AM