#Day one portsmouth ohio full#

“We are already in conversations and are working on applications for grants at the airport to create that opportunity there now that the bypass is in place,” said Hemmings. The Greater Portsmouth Regional Airport, which sits outside the small town of Minford and is approximately 300 yards from the new bypass, could be the biggest benefactor. “I'm hoping the bypass will give us some of that opportunity to see things grow at greater rates than the state and national numbers,” said John Hemmings, Executive Director of the Ohio Valley Regional Development Commission. Parts of south-central are Ohio have seen economic growth on par with state and national statistics, but the new highway could accelerate opportunity. 52 is an area targeted for economic development. The new bypass could also be big for economic development in the region. “.immediately we did have some potential contractors, developers and companies coming to the plate saying this is one we'd be interested in doing.” But ODOT decided to see if any companies were interested in a P3, given the size and scale of the project.įuller said there was no shortage of interest. ODOT completed a feasibility study in the early 2000's and in 2013 started the bidding process.

The lead engineering firm is “ms consultants.”Ī new Portsmouth Bypass has been talked about in Scioto County since the early 1960's. Other partners include Dragados USA, The Beaver Excavating Company, and The John R. PGG is made up of several companies, including equity partners ACS Infrastructure Development, InfraRed Capital Partners Limited, and Star America. “The public, the traveling public, as well as the community as a whole gets to enjoy the benefits and advantages of having the route opened all at once instead of phases,” said Fuller. PGG will maintain the road over the next several decades as part of the agreement. The only responsibility ODOT has for the road is clearing snow and ice. The project itself cost around $450 million but ODOT will pay out roughly $200 million over the next 35 years. And we can shorten the timetable to get the route open to traffic.”

We can have it opened to traffic all at once rather in phases. So we got all three phases built at one time. “And so with the P3 we were able to take advantage of an independent financing company to come in and basically build the route for us all at once. “We were only financed through phase one construction,” said Kathleen Fuller, ODOT District 9 Spokeswoman. But that timeline is only accurate if ODOT would have been able to secure the funding for additional phases, something they likely would not have been able to do. ODOT estimates the P3 allowed the project to be completely finished approximately ten years ahead of schedule. Had ODOT done the entire project itself, it would have been completed in three phases and only the first phase would be completed by now. The $634.3 million project started in 2015 and took 3 ½ years to build. The Portsmouth Gateway Group (PGG) is made up of several investors, contractors, and construction companies. Other P3 projects in Ohio only include one or two aspects such as design and build. It is Ohio's first P3 to include all phases of a project, known as DBFOM or design, build, finance, operate, and maintain. It's a 16-mile, limited-access, four-lane highway that connects U.S. ODOT will make payments to PGG and clear snow and ice from the highway.The Portsmouth Gateway Group will maintain the highway for the next 35 years.

#Day one portsmouth ohio full#

$634.4 million project is the first, full P3 project in Ohio.

The Portsmouth Bypass, or Ohio 823, or the Southern Veterans Memorial Highway was opened to motorists in mid-December. PORTSMOUTH, Ohio – The Ohio Department of Transportation and the Portsmouth Gateway Group have completed the state's first full public-private partners (P3).