Kincora Gets Gloucester Loan

Loudoun took a bit of chance when approving Kincora at Routes 7 and 28–that the developer, NA Dulles Real Estate Investor LLC, would get an anticipated loan from the Virginia Transportation Infrastructure Bank to speed up construction of Gloucester Parkway.

This week, the Commonwealth Transportation Board authorized $80 million for that project as well as $160 million for Route 460 in southeastern Virginia. The Loudoun County Industrial Authority submitted the loan on behalf of Kincora.

The Gloucester project will provide new access between Ashburn and Route 28. Gloucester now ends at Loudoun County Parkway just north of . The project will extend it eastward to connect with Nokes Boulevard at Route 28. For many Ashburn residents, it will provide a straight shot to Dulles Town Center.

The project is planned in three phases and scheduled for completion by the end of 2014.

• Phase 1 – Extend Pacific Boulevard north at its intersection with Gloucester Parkway
• Phase 2 – Extend Gloucester Parkway west from its intersection with Pacific Boulevard to Loudoun County Parkway
• Phase 3 – Extend Pacific Boulevard north at Russell Branch Parkway and another extension south to Severn Way

“This is a huge win for Loudoun and in particular for the thousands of commuters that travel Waxpool Road and Route 28 on a daily basis,” said Loudoun County Board of Supervisors Chairman Scott K. York.

Without the loan, the project’s proffers would likely not have triggered construction of Gloucester for many years.

Several local and state politicians, including some who took office earlier this year, have been weighing in since the vote.

“Completing Gloucester Parkway is projected to take 15,000 daily trips off Waxpool Road. This will bring real traffic relief to Ashburn,” said Broad Run District Supervisor Shawn Williams, who went to Richmond to encourage the CTB to support the loan.

Other comments from newsletters and press releases:

Supervisor Ralph Buona (R-Ashburn)
“This project will provide two new bridges across the Broad Run, one of the largest natural transportation obstacles in Loudoun County. The Pacific Boulevard extension will also complete one of the major pieces of the parallel road network to Route 28.”

Supervisor Matt Letoureau (R-Dulles)
“I appreciate the work of Chairman Scott York, Supervisor Shawn Williams, and the Loudoun delegation to advocate for the loan.”

Sen. Mark Herring (D-33)
“Advancing the construction of these needed roads will relieve congestion on Route 7, Route 28 and Waxpool Road and improve the quality of life for thousands of Loudoun residents.”

Del. David Ramadan (R-87)
“The completion of Gloucester Parkway to Pacific will provide a critical link to Route 28 from central Ashburn, giving drivers an alternative to Waxpool Road.”

Gov. Bob McDonnell
“The bank provides a resource that public- and private-sector entities can use to finance projects so they can be built as soon as possible to relieve congestion, provide better transportation and stimulate the economy in the near-term instead of waiting years into the future.”