Operator of 495 Express Lanes, partnering on construction of 95 Express Lanes
Transurban Ltd., an Australia-based company that partnered with the Commonwealth of Virginia on providing solutions to transportation issues in northern Virginia through the 95 and 495 Express Lanes projects in Fairfax County and points south, has changed its U.S. headquarters to Fairfax County from New York City.
Transurban is based in Melbourne, Australia. It leases space in the Alexandria area of Fairfax County from the Virginia Department of Transportation and has about 50 employees here. The building also serves as the operations center for the 495 Express Lanes and the future 95 Express Lanes.
“We are proud that Transurban has chosen Fairfax County as its new U.S. base,” said Gerald L. Gordon, president and CEO of the Fairfax County Economic Development Authority (FCEDA). “The company has made a huge investment in improving transportation options in Fairfax County and Virginia, and it will benefit from the county’s excellent location and connections to the rest of the world.”
More than 400 companies from 43 countries have a presence in Fairfax County. Eight of those companies hail from Australia.
“Transurban is pleased to officially call Fairfax our U.S. home base,” said Jennifer Aument, Transurban’s group general manager, North America. “The transportation solutions we’re delivering with Virginia provide the region with new options and predictable travel, which helps make Fairfax County an even better place to live, work and play.”
The 14-mile 495 Express Lanes that opened in November 2012 are high occupancy toll (HOT) lanes that provide Capital Beltway drivers with faster and more predictable travel options. This year Fairfax County added express bus service on the new lanes, and Omniride’s Tysons Express revised its Woodbridge-to-Tysons schedule because the buses are saving about 20 minutes by using the Express Lanes. The state recently increased the speed limit on the 495 Express Lanes to 65 mph from 55 mph. The 29-mile 95 Express Lanes will run from the Alexandria area of Fairfax County to Stafford County and are expected to open in early 2015.