Project: Richmond, Virginia, I-295 Beltway
Summary
I-295, is a 53-mile beltway around the cities of Richmond and Petersburg, and provides north-south, east-west, and cross-directional bypasses for traffic on both I-95 and I-64. It forms a beltway that stretches three-quarters of the way around Richmond's outer suburbs
Characteristics and Setting
Classification/Type
Beltway (within Metro Area)
Transportation Mode
Highway
Usage
70,000
Length (mi)
52.75
Economic Distress
1.08
Population Density (ppl/sq mi)
525
Population Growth Rate (%)
1.7%
Employment Growth Rate (%)
1.8%
Market Size
454,689
Airport Travel Distance (mi)
29.9331
Topography
4
Geography
Region
Southeast
State
VA
County
Henrico, Hanover, Chesterfield, Prince George
City
Richmond
Urban/Class Level
Metro
Local Area
N/A
Impact Area
N/A
Transportation System
Highway
Timing
Initial Study Date
1979
Post Construction Study Date
1998
Construction Start Date
1979
Construction End Date
1992
Months Duration
N/A
Costs
Project Year of Expenditure (YOE)
1986
Planned Cost (YOE $)
N/A
Actual Cost (YOE $)
$450,000,000
Actual Cost (2022$)
$1,362,782,300
Pre/Post Conditions
NOTE: All pre/post dollar values are in 2022$
Transportation
| Measure | Pre project | Post project | Change | % Change |
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Impacts
NOTE: All impact dollar values are in 2022$
| Measure | Total |
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Case Location
Narrative
Richmond, Virginia, I-295 Beltway
Attachments
Economic Impact of Freeway Bypass Routes in Medium Size Cities