RD237 - Estimated Revenue Generated by the Potential Sale or Lease of the Virginia Department of Transportation Unused Facilities Item 457 K.1 of Chapter 874 2010 Acts of Assembly


Executive Summary:
*This report was replaced in its entirety on October 22, 2010 by the Virginia Department of Transportation.

In fulfilling the 2010 General Assembly’s directive to assess VDOT facilities to determine which properties could be returned to private use, VDOT builds on and extends efforts recently undertaken by the Agency to consolidate properties under its control or ownership. Most notably were the Area Headquarters Consolidation and the VDOT Blueprint for Our Future. Both initiatives serve as examples of VDOT’s efforts to more efficiently use property and facilities. Since 2006,

- VDOT Area Headquarters facilities have been reduced from 335 to 248

- VDOT has closed 15 Residency Offices (three residency offices will still be used by the agency for other business purposes)

- VDOT has closed 36 Equipment Shops

In conducting the current study, as was the case with the recent restructurings, VDOT maintained a standard of critically scrutinizing all decisions and recommendations for their impact on highway safety and system preservation. In addition, each recommendation was balanced against the Agency’s capacity to effectively deliver services and fulfill the Agency’s mission.

VDOT’s Richmond, Virginia Central Office complex is headquarters for the Agency’s executive and central administrative functions. Most of VDOT’s remaining buildings and structures are located throughout the state as part of VDOT’s District Administration, Residency and Area Headquarters (AHQ) system.

Recommendation – Properties that may be Returned to Private Use

• There are 48 properties recommended for return to private use.

• Thirty-three are recommended for sale, with an estimated total value of $12,144,747.

• The other 15 properties are recommended for lease, with an estimated total annual lease value of $563,180.

Table 1 provides a summary of the 48 properties recommended for return to private use. The columns show the various types of property that may be returned to private use and the rows are the property locations within the nine VDOT construction districts.