Transurban to move U.S. headquarters to Fairfax
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Published Wednesday, Jun. 26, 2:06 pm
Filed under Business/Economy
Gov. Bob McDonnell announced today that Transurban, the investor and long-term operator of the 495 Express Lanes and 95 Express Lanes, has relocated its U.S. headquarters from New York City to Fairfax County.
The 495 Express Lanes opened in November 2012. Over the six-year construction period, the project supported more than 16,000 jobs and generated nearly $3.5 billion of economic impact statewide.
Construction of the 95 Express Lanes is currently underway with the lanes expected to open in early 2015. In addition to strategic transportation improvements, the project will support nearly 12,600 jobs and generate $1.54 billion in economic activity.
“Construction of the 495 and 95 Express Lanes has generated a significant number of jobs and delivered major economic benefits to Virginia,” said Governor McDonnell. “Not only have these important transportation projects created jobs, they also improve our transportation infrastructure by providing faster travel for goods, employees and services, enabling Virginia businesses to work more efficiently and reducing the billions of dollars lost every year due to traffic congestion.”’
Transurban’s Fairfax County headquarters currently employs 50 people with approximately another 60 who support the project with various contracting roles at the Express Lanes Operations Center.
“As we celebrated the opening of the 495 Express Lanes in Fairfax County last fall, Governor McDonnell urged us during the ceremony to move our U.S. headquarters to Virginia,” said Jennifer Aument, Group General Manager – North America, Transurban. “We’re pleased to officially call Virginia our home base as we continue to partner with Virginia on innovative transportation solutions that keep Virginians moving.”
The 495 Express Lanes are approximately 14 miles of high occupancy toll (HOT) lanes on the Capital Beltway from the Springfield Interchange to just north of the Dulles Toll Road. The 95 Express Lanes are currently under construction on I-95 from the Edsall Road area in Fairfax County to Garrisonville Road in Stafford County and are expected to open in early 2015.