Apr 6, 2022
Tysons, VA - Earlier this week, The Center for Regional Analysis (CRA) at George Mason University
released a new preliminary assessment report with the following; highlighting a new report that found
building a new American Legion Bridge and expanding the Washington DC region's network of managed
toll lanes into Maryland will generate $12.6 billion in construction related economic activity, support
43,400 job-years of employment (a job-year is one job lasting for one year) and boost regional labor
income by more than $3.3 billion.
The proposed project will construct a new American Legion Bridge across the Potomac River and add 37
miles of highway improvements from the south side of the bridge as part of the I-495/I-270 corridor to
Frederick MD. This project will connect Maryland with the expanding managed to lane network in
Phase north of the project along I- 270 from I370 to I-70, is part of an ongoing, federally
required environmental study which considers
an array of highway improvements to address
roadway congestion. “Building this important
regional mobility asset will cost about $6
billion. The economic impacts of that spending
will be mostly realized in the Maryland suburbs
but will be felt across our region,” said Terry
Clower director of the CRA. “The jobs
supported by this project will boost regional
labor income by more than $3.3 billion.”
Accelerate Maryland partners (AM Partners) is the private entity in a new Public-Private-Partnership (P3)
with the state of Maryland to finance and build the project without local or state tax dollars. Transurban
whose North American headquarters is located in Tysons and currently operates 53 miles of managed to
lane facilities known as express lanes in Northern Virginia is leading the AM Partners team along with
Managed toll lanes, a fast-growing approach to traffic management that has been successfully
implemented in major cities around the world, allows drivers the choice of paying a dynamically priced
toll to use restricted access lanes. Using a free-market approach, the value of the toll varies to
encourage or discourage the number of users so that traffic flows on the managed lanes remain
relatively unencumbered. The proposed managed toll lanes would allow transit and high occupancy
vehicles three or more passengers to use the managed lanes at no cost.
“The new roads and bridge are crucial to promoting regional economic competitiveness, Clower added.
“State and local leaders recognize that mobility is a key determinant of economic success,” he said. “This
will generate economic contributions to the region for decades to come.”
The full report and additional information about the study may be found here.
(Information contained in this release was from a release posted by the Center for Regional Analysis on
Monday, April 4, 2022. The full release may be found here).
About AM Partners
The AM Partners consortium is led by Transurban and Macquarie Capital, whose collective experience
spans more than 90 successful P3 projects globally, including Virginia’s 495, 95 and 395 Express Lanes
network – the largest urban P3 toll network in the U.S. with all segments delivered on time and on
budget. The consortium seeks to extend the benefits of Virginia’s neighboring Express Lanes network
that has saved more than seven million drivers a total of 17 million hours of time, while generating an
estimated $7 billion in economic impact and 46,000 jobs in the Greater Washington Area through its
development and construction since 2012. AM Partners was selected in February 2021 as Maryland’s
preferred Developer for the American Legion Bridge I-270 to I-70 Relief Plan.