Project: US 460

Summary:

The U.S. 460 bypass project provides a direct connection between I-81 and Blacksburg, home of Virginia Tech. The bypass has provided new sites for high-tech spin-off businesses in the corridor.

Characteristics and Setting:

Classification/Type
Connector Highway
Transportation Mode
Highway
Average Annual Daily Traffic
12,275
Length (mi)
10.00
Economic Distress
0.67
Population Density (ppl/sq mi)
268
Population Growth Rate (%)
0.60%
Employment Growth Rate (%)
1.30%
Market Size
60,336
Airport Travel Distance (mi)
39.0000
Topography
16

Geography

Region
Southeast
State
VA
County
Montgomery
City
Blacksburg and Christiansburg
Urban/Class Level
Mixed
Local Area
N/A
Impact Area
County
Transportation System
Highway

Timing

Initial Study Date
1998
Post Construction Study Date
2007
Construction Start Date
1998
Construction End Date
2002
Months Duration
N/A

Costs

Project Year of Expenditure (YOE)
2000
Planned Cost (YOE $)
N/A
Actual Cost (YOE $)
$187,000,000
Actual Cost (2022$)
$390,983,600

Pre/Post Conditions:

NOTE: All pre/post dollar values are in 2022$

Select a region to display the conditions for that region:

State — VA

Measure Pre project Post project Change % Change
Personal Income Per Capita $39,703 $46,882 $0 18.08%
Economic Distress 0.63 0.66 0 4.76%
Number of Jobs 4,185,260 4,936,140 0 17.94%
Business Sales (in $M's) $0 $0 $0 N/A
Tax Revenue (in $M's) $0 $0 $0 N/A
Population 6,900,920 7,698,780 0 11.56%
Property Value (median house value) $169,645 $299,516 $0 76.55%
Density (ppl/sq mi) 174.29 194.44 0 11.56%

County(ies) — Montgomery

Measure Pre project Post project Change % Change
Personal Income Per Capita $24,767 $25,234 $0 1.89%
Economic Distress 0.42 0.70 0 66.67%
Number of Jobs 52,096 59,689 0 14.58%
Business Sales (in $M's) $0 $0 $0 N/A
Tax Revenue (in $M's) $0 $0 $0 N/A
Population 97,764 105,155 0 7.56%
Property Value (median house value) $155,034 $207,766 $0 34.01%
Density (ppl/sq mi) 251.83 270.86 0 7.56%

Local — None: Blacksburg and Christiansburg

Measure Pre project Post project Change % Change
Personal Income Per Capita $0 $0 $0 N/A
Economic Distress 0 0 0 N/A
Number of Jobs 0 0 0 N/A
Business Sales (in $M's) $0 $0 $0 N/A
Tax Revenue (in $M's) $0 $0 $0 N/A
Population 0 0 0 N/A
Property Value (median house value) $0 $0 $0 N/A
Density (ppl/sq mi) 0 0 0 N/A

Transportation:

Measure Pre project Post project Change % Change
AADT 12,275 N/A
Ridership N/A
Speed (average mph) N/A
Distance (miles) 10 N/A
Reliability (TTI) N/A
Reliability (PTI) N/A

County Impacts:

NOTE: All impact dollar values are in 2022$

Measure Direct Indirect Total
Jobs 748 542 0
Income (in $M's) $33.39 $24.20 $0
Output (in $M's) $80.96 $58.67 $0

Case Location:

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Narrative:

US 460

1.0 Synopsis

The U.S. 460 bypass project provides a direct connection between I-81 and Blacksburg, home of Virginia Tech. The ten-mile long bypass was completed in 2002 at a cost of $87 million. It has supported the growth of high-tech spin-off businesses in the corridor and has provided additional capacity for the expansion of the college stadium. An estimated 748 jobs can be related to the completion of this project, primarily in the creation of a new County business incubator in Falling Branch Corporate Park located on the bypass.

2.0 Background

2.1 Location & Transportation Connections

US 460 is located in Southwest Virginia's New River Valley region. It connects Blacksburg and Interstate 81 at the town of Christiansburg. I-81 extends north to Harrisburg, PA and south to Knoxville, TN. The region is served by the Virginia Tech Montgomery Executive Airport Roanoke Regional Airport is a 45-minute drive northeast on I-81. In 1999, a Foreign Trade Zone (FTZ) and Customs Port of Entry (POE) were created in the New River Valley Airport were created.

Aggregate and raw materials (clay, lumber, stone, etc.) are the primary products shipped in the region's freight movements. The importance of some of these transportation connections cannot be understated, particularly regarding freight, which has become increasingly important to this economy. US 460 is part of the New River Valley region, linking Blacksburg and Christiansburg to communities with Interstate I-81 to the south. The New River Valley region is located in Southwest Virginia. The region is bisected by U.S. Interstate Highway 81, and includes U.S. Route 11 and U.S. Route 460. The region includes the New River Valley Airport, the Virginia Tech / Montgomery Executive Airport, and has access to the Roanoke Regional Airport.  The importance of some of these transportation connections cannot be understated, particularly since freight transportation has become increasingly important to the local economy.

2.2 Community Character & Project Context

Montgomery County has seen a steady growth rate over the past few decades. From 1980-2000, the County gained over 20,000 new residents. The population now stands at 94,500, a 13% increase over 2000.Two-thirds of the county's population lives in the towns of Blacksburg and Christiansburg, while the rest live in the surrounding unincorporated area.

Blacksburg is one of the largest towns in Southwest Virginia and is home to Virginia Tech, one of the nation's leading technology and research universities. Virginia Tech Corporate Research Center (CRC) in Blacksburg has been a major catalyst for growth of the region's high-tech cluster.  CRC has 140 high-tech companies and a major research center with 2100 total jobs. The Town of Christiansburg, to which the US 460 By-pass connects at its southern terminus, is the county seat of Montgomery County and one of the fastest growing towns in Virginia. Christiansburg is the region's prime shopping destination. Falling Branch Corporate Park, a 175-acre business/industrial park, is in Christiansburg on I-81, near the interchange with the US 460 Bypass.

3.0 Project Description & Motives

In 1987, the Blacksburg and Christiansburg Chambers of Commerce asked the Virginia Department of Transportation to consider both short- and long-term solutions for traffic congestion along the old Route 460 which runs from the city center west beyond Virginia Tech. This route had become congested and polluted, impeding the efficient circulation of university and commuter traffic within the region. That same year, Gov. Gerald Baliles' Commission for Transportation in the 21st Century identified a new road to serve as a direct link between Virginia Tech and Roanoke, southwest Virginia's largest city.

The next year, VDOT began a study of Route 460 for possible improvements. In June of that year, the Commonwealth Transportation Board voted to build a new Route 460 Bypass. The purpose of the project was to provide a direct link between Blacksburg and Roanoke, and secondly, to provide a solution to the congestion on Main Street that was causing delays and environmental degradation. The 12.5 mile-long US 460 Bypass was completed in 2002 at a cost of $187 million ($2000).

4.0 Project Impacts

4.1 Transportation Impacts
4.2 Demographic, Economic & Land Use Impacts

The development most directly attributable to the bypass is the Falling Branch Corporate Park. This 175-acre business park is located at the southern terminus of the bypass at the I-81 interchange, a ten-minute trip via the bypass from Virginia Tech. Current businesses at Falling Branch Park include Inorganic Ventures (2008) who initially employed 46 people, investing $3 million. Another is EchoStar Communications (2001) with 600 employees. , Ferguson Enterprises Inc (2003) hired 12 employees and invested $1 million. In 2005, Prestar Packaging opened with 20 people in a $720,000 facility. An estimated 748 jobs can be related to the completion of the US460 bypass project, mainly in the creation of a new County business incubator in Falling Branch Corporate Park.

Other developments benefitting from time savings produced by the bypass include the Virginia Tech Research Center 2.5 miles west of I-81 near the Bypass, and the and the Blacksburg Industrial Park near the northern terminus of the bypass. After the US 460 Bypass was built, Virginia Tech football stadium expanded, adding 10,000 seats. This would not have been able to occur without the additional traffic capacity of the bypass.

5.0 Non-Transportation Factors

Several other factors contributed to the success of this project from an economic development standpoint. One of the foremost was the expansion of Virginia Tech, which grew from 23,000 students in the early 1990's to over 30,000 students today. Smaller colleges and universities (e.g. Radford University) in the region have also expanded. .

The University has sparked a cluster of "spinoff" research and development industries. Virginia Tech Corporate Research Park has provided fertile ground for the monetization of these research innovations and retention of the brain pool in the region. Tourism promotion campaigns conducted by local governments have enhanced the New River Valley region's image, focusing on its proximity to the Appalachian mountains and to several nature preserves/parks.

6.0 Resources

6.1 Citations
  1. Blacksburg/Christiansburg/Montgomery Area Metropolitan Planning Organization, MPO Freight Study
  2. http://www.roadstothefuture.com/Smart_Road.html
  3. Montgomery County Blacksburg/Roanoke Connector, Final Environmental Impact Statement, 1993.
  4. Montgomery County, 2025, Montgomery County Comprehensive Plan
6.2 Interviews

Organization

Blacksburg-Christiansburg-Montgomery Area MPO

City of Blacksburg Planning Department

Montgomery County Chamber of Commerce

Montgomery County Department of Economic Development

Montgomery County Planning Department

New River Valley Planning District Commission

Virginia Department of Transportation

Virginia Tech Institute of Transportation

Footnotes

Case Study Developed by ICF International

Attachments:

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