Tag Archives: roads
Charlottesville, VA – Albemarle County’s Places29 Master Plan for the North US 29 corridor under counts cost by over $175,000,000 (40.5%) according to the ‘Reality Check Report’ released today by the Free Enterprise Forum.
Using cost data buried on the back pages of Places29’s Technical Memorandum 11 and Federal Highway Transportation Administration (FHTA) historic cost data, the Free Enterprise Forum’s Reality Check Report generated a road inflation escalating trend line analysis. The land costs were increased by a similar historic trend line analysis of the Consumer Price Index (CPI).
At least that’s the angle Charlottesville Tomorrow sees in the announcement that Charlottesville will be getting stadium seating.
Apparently, Regal has made a business decision of their own to move ahead with an upgrade. Sufficient state and federal funding is not expected for the Hillsdale Drive project until 2015 at the earliest. Part of Hillsdale was identified as a “shovel ready” project for which Charlottesville has sought federal stimulus funds.
“We were aware that there was talk of a road project either near or on our property,” said Russ Nunley, Regal’s Vice President of Marketing & Communications in an