Elizabeth River Crossings

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Elizabeth River Crossings (ERC), officially known as Elizabeth River Crossings OpCo, LLC, is a limited liability company whose sole purpose is to finance, deliver, operate and maintain the Elizabeth River Tunnels Project in the South Hampton Roads region of Virginia. The project comprised the development, design, construction, finance and operation of a new two-lane tunnel adjacent to the existing Midtown Tunnel under the Elizabeth River, maintenance and safety improvements to the existing Midtown and Downtown tunnels, extending the Martin Luther King Freeway from London Boulevard to Interstate 264, and interchange modifications at Brambleton Avenue and Hampton Boulevard.
The project is located between the cities of Portsmouth and Norfolk in Hampton Roads. Under a comprehensive agreement, the Virginia Department of Transportation (VDOT) will maintain ownership of the infrastructure and oversee ERC‘s activities. ERC financed and built the facilities, and will operate and maintain them for a 58-year concession period.

Source: https://en.wikipedia.org/wiki/Elizabeth_River_Crossings
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