As you know, some considerable highway expansion is about to take place along the Capital Beltway. Today’s segment is part 1 of a 2 part series we put together covering the new local addition.
Governor Northam recently announced that the company Transurban would be building three miles’ worth of HOV road extension along I-495 near the American Legion Memorial Bridge. This is a heavy-traffic area, and many people in our area use I-495 to commute to work. Additionally, Transurban will be extending the HOV lanes on the center median of I-495 all the way down to the Falmouth interchange.
This is an exciting development, and billions of dollars of investment are being poured into it. A huge portion of that investment is going into the Stafford/Fredericksburg area, and there are two construction projects within this development that you need to be aware of.
The first is the widening of Courthouse Road and the construction of the new Courthouse Interchange in north Stafford. This is a high-growth area of Stafford, so this project is long overdue. Construction has been underway since 2018, and some areas of the road have already been completed. There’s still a lot of work to do, but the completion date is set for July 2020. This should change the landscape of this area and generate quite a bit of new commercial development.
For the second project, Courthouse Road will be moved south to connect with Hospital Center Boulevard. This should take some of the traffic flow away from the intersection next to the Stafford County courthouse. For anyone who travels this area regularly, this development is a welcome sight. There’s no timeline yet, but construction is set to begin sometime in 2020.
In the meantime, I’ll keep an eye on these projects and continue to provide updates as they come. If you have any questions about this topic or anything real estate-related, don’t hesitate to reach out to me. I’d be happy to speak with you