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Do the Aussies still own the Greenway?
Posted by: NOVA Commuter ()
Date: July 01, 2014 12:53PM

I thought they sold it to VDOT when they went bankrupt?

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Re: Do the Aussies still own the Greenway?
Posted by: private sector ()
Date: July 01, 2014 12:57PM

Don't worry about who owns it.

Just keep bendin' over, sucker!

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Re: Do the Aussies still own the Greenway?
Posted by: VA commuter ()
Date: July 01, 2014 01:40PM

private sector Wrote:
-------------------------------------------------------
> Don't worry about who owns it.
>
> Just keep bendin' over, sucker!


Rude.

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Re: Do the Aussies still own the Greenway?
Posted by: Answer...! ()
Date: July 01, 2014 01:51PM

The answer is yes...


Dulles Greenway
http://en.wikipedia.org/wiki/Virginia_State_Route_267

The Dulles Greenway is a privately owned toll road in Northern Virginia, running for 12.53 miles[1] (20.17 km) northwest from the end of the Dulles Toll Road to the Leesburg Bypass (U.S. Route 15/State Route 7). Although privately owned, the highway is also part of SR 267. The speed limit is 65 miles per hour (105 km/h).

The road was privately built and is not a public asset. The current owner is "Toll Road Investors Partnership II" (TRIP II), which was a consortium of the Bryant/Crane Family LLC, the Franklin L. Haney Co., and Kellogg Brown & Root (KB&R). On August 31, 2005, Australian firm Macquarie Infrastructure Group announced that they had paid $533 million to TRIP II to acquire its 86.7% ownership of the Greenway, and were negotiating with KB&R for the remaining ownership rights. Initially, as the road was built as a "Design Build Finance Operate" (DBFO) project, the responsibility for operating the road was scheduled to revert to Virginia in 2036 via a concession agreement. In 2001, The Virginia State Corporation Commission extended this period to the year 2056.

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Re: Do the Aussies still own the Greenway?
Posted by: Independent ()
Date: July 01, 2014 01:54PM

The money also goes towards filling the coffers of Canadian pension plans.

Nice deal, eh?

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Re: Do the Aussies still own the Greenway?
Posted by: Don't use Greenway ()
Date: July 01, 2014 08:46PM

If they keep the toll raises limited to only .25 cents a year it will cost just $10.50 more than today's cost for a trip down the Greenway in 2056! Should be a real bargain when hyper-inflation starts up in a year or so!

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Re: Do the Aussies still own the Greenway?
Posted by: bump!!!!! ()
Date: July 11, 2014 01:44AM

^^^^^^^^

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Re: Do the Aussies still own the Greenway?
Posted by: VVddM ()
Date: July 11, 2014 03:02PM

well see who is doing road patches and operating coin mech

do no be stupid and look at the paperwork

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Re: Do the Aussies still own the Greenway?
Posted by: KVkby ()
Date: July 11, 2014 03:03PM

if you'd like to see paperwork i have some land in FL i think you'd love to own

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Re: Do the Aussies still own the Greenway?
Posted by: tLYeG ()
Date: July 11, 2014 03:07PM

"Toll Road Investors Partnership II" (TRIP II. oh i thought i was built by Dulles Airport.

seems to be some papers sayin it isn't Dulles.

infact i'm pretty sure i've seen lawsuits about how the county could not sue to take the road away because the airport is essential to the airport

-------------------
yes but is TRIP legit. did they take loans ? did they ever really pay ?

are those lovable aussies paying with loaned money ?

all i know is i DON"T want KPMG's signature, they signed DHS's budget - and i dont' like it - they'd sign anything

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Re: Do the Aussies still own the Greenway?
Posted by: Losers ()
Date: July 12, 2014 05:08PM

Fuck the toll road and fuck the Greenway

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Re: Do the Aussies still own the Greenway?
Posted by: Asshoole Report #14-3994 ()
Date: July 12, 2014 07:52PM

Here's a better question...

How many threads are there already that explain this?

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Re: Do the Aussies still own the Greenway?
Posted by: Terrible Odds ()
Date: July 12, 2014 09:01PM

Asshoole Report #14-3994 Wrote:
-------------------------------------------------------
> Here's a better question...
>
> How many threads are there already that explain
> this?


O/U: 50

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Re: Do the Aussies still own the Greenway?
Posted by: Greenway News ()
Date: December 19, 2014 11:36PM

Yes, we still own the Greenway.

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