Report: Economy, not ghosts, haunts a Virginia parkway

Posted at 9:58 AM, Jun 19, 2012

According to a story from in Richmond, Virginia, Australian news outlets are reporting that the Aussie firm that owns and operates the Pocahontas Parkway in Henrico County has devalued the nine-year-old divided highway and bridge by a full third because of lower than expected revenue. 

Transurban, an Australian based toll road developer and operator, just wrote down its investment by $138 million dollars.

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