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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

I-64 Hampton Roads Express Lanes Network 2026 Project

Graphical Map of I-64 Express Lanes Project
Alternate Project Name
HRLEN 2026
Project Type
Roads and Bridges
Financing Type
TIFIA
Status
Credit Agreement Executed
Sponsor/Borrower
Hampton Roads Transportation Accountability Commission (HRTAC)
Project Description

The loan supports the Hampton Roads Express Lanes Network (HRLEN), a 45-mile system of continuous express lanes along I-64. Multiple segments will be financed under the Transportation Infrastructure Finance and Innovation Act (TIFIA) including:

  • 1A/1B: Converting existing General Purpose shoulder to part-time shoulder lanes.
  • 4A/B: Converting existing HOV lanes into Express lanes in each direction.
  • I-64/I464 Interchange: Constructing new flyover ramp, reconfigure the I-64 eastbound ramp, and shift the I-464 southbound diverge point for route 17 and route 168.
  • Tolling Integration: Designing and implementing a complete operating open road tolling system throughout the entire HRLEN.

The HRLEN 2026 project is expected to save 10 to 15 minutes of travel time in express lanes and up to 10 minutes in general-purpose lanes. It will also eliminate a key regional bottleneck that impacts daily commuters, freight movement, and access to the Virginia Port system for enhanced travel time reliability.

Read the release.

Project Link
VDOT Hampton Roads Express Lanes (HREL) Project Page
Project Details
TIFIA Assistance
$310.20M
Primary Revenue Pledge
Toll Revenues
Project Cost
$1019.20M
Fiscal Year Closed
FY2026
Duration/Status
The Project is in construction phase.
Funding Sources
Systemwide toll revenues net of toll Operations & Maintenance (O&M) as the primary source.
TIFIA Loan - $310.20 Million
Hampton Roads Transportation Fund (HRTF) PayGo - $277.0 Million
HRTF 2024A Bonds - $62.6 Million
IIJA Grant - $76.0 million
VDOT Funding - $293.0 million
Project Delivery/Contract Method
The Project is being delivered through various Design-Build (DB) contracts.
Project Participants
Hampton Roads Transportation Accountability Commission (HRTAC) and Virginia Department of Transportation (VDOT)
Project Advisers/Consultants
Financial: Fieldman, Rolapp & Associates ("Fieldman")
Legal: Skadden, Arps, Slate, Meagher & Flom LLP ("Skadden")
Market Demand: ALG Global
Innovations
The HRELN will help reduce congestion and eliminate a key regional bottleneck between major employment centers and provides enhanced travel time reliability, particularly for commuters. Travel time savings range between 10 – 15 minutes in the express lanes and up to 10 minutes in the general purpose lanes.
As traffic demand continues to increase in the region, incorporating HOT dynamic tolling model, along with
interstate improvements provides an additional approach to managing congestion in the long-term and provides
more travel choices and a reliable travel network for Hampton Roads motorists.
Application Details
Applicant
Hampton Roads Transportation Accountability Commission (HRTAC)
LOI Fiscal Year Received
FY2024
LOI Received Date
Application Received Fiscal Year
FY2026
Application Received Date
Credit Agreement Executed
Initial Eligibility Review
Review Complete
Creditworthiness Review
Review Complete
Application Review
Review Complete
Estimated Project Cost
$1019.20M
TIFIA Request
$310.20M
Instrument Type
Direct Loan