Maryland Governor Larry Hogan has proposed a $9 billion public-private partnership (P3) to add new traffic lanes around the United States' capital region.
Governor Hogan wants to add four new lanes to the Capital Beltway (I-495) a ring highway around Washington and four new lanes on Interstate-270. His plan is for privates developers to design, build, finance, operate and maintain the new lanes. In addition, the P3 project would include new privately developed express toll lanes.
Hogan also wants to build toll lanes on the Balitmore-Washington Parkway currently operated by the U.S. Department of the Interior. The Governor is pushing for its ownership to be transferred to the state of Maryland.