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How the Private Sector Is Reinventing America’s Freeways

How the Private Sector Is Reinventing America’s Freeways

Chapter:
(p.13) Chapter Two How the Private Sector Is Reinventing America’s Freeways
Source:
Rethinking America's Highways
Author(s):
Robert W. Poole Jr.
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226557601.003.0002

Chronic freeway congestion has led to the introduction of investor-financed express toll lanes in large metro areas. This approach combines new construction and congestion pricing. Examples of landmark projects in Texas and Virginia suggest more widespread future use of this approach.

Keywords:   Congestion, Toll concessions, HOV and HOT lanes, Express toll lanes, Infrastructure investment funds

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