Free Republic

Collecting tolls in Hampton Roads is a $180-million-a-year business — nearly twice the size of the region’s fishing and farming sectors combined — and is set to grow. Much of that money goes to finance a private venture’s $1.5 billion expansion of the road and tunnel network connecting Norfolk and Portsmouth. A somewhat smaller amount goes to the public body that’s spending nearly $800 million to dig a parallel tunnel for the 55-year-old, 23-mile Chesapeake Bay Bridge Tunnel. A much smaller part goes to keep the Coleman Bridge over the York River in shape, and to pay off the cost...

In the next year or two, the seabed between Hampton and Norfolk will start to change. Mud and sand will slowly move as a custom-built boring machine tunnels alongside the Hampton Roads Bridge-Tunnel. Travelers funneling through the existing HRBT may not notice the adjacent construction just on the other side of the tunnel wall. Cargo ships and Navy vessels, carrying thousands of containers and sailors, may pass over the project’s construction completely undisturbed. And that’s the way Hampton Roads Transportation Planning Organization officials want it to stay. “It’s something we’re really proud of,” said Robert Crum, executive director for the...

Gov. Ralph Northam announced Friday that Virginia has selected a contractor to build two new tunnels and widen a major highway in Hampton Roads. The $3.3 billion price tag — funded by regional gas and sales taxes, tolls and other sources — makes it one of the two biggest transportation projects in commonwealth history. Northam (D) touted the deal, saying he is “proud of the hard work and negotiations that have taken place over this past year,” and state Sen. Frank W. Wagner (R-Virginia Beach) in return offered praise for the embattled governor. “I want to personally thank Governor Northam...

Virginia's top transportation oversight body voted earlier this month to move ahead with a major tunnel expansion. If everything goes as planned, the multibillion-dollar project could be good news for the traffic-snarled Hampton Roads region when it opens in 2024. But the commonwealth may also be setting itself up for a major financial body blow - and demonstrating the long-term consequences of mismanaging public-private partnerships.