The Mid Currituck Bridge project has promised to enhance Currituck's quality of life and access to our beach communities for over four decades. The long-awaited project is intended to serve two primary goals:
As an increasingly popular up-market, family beach destination, the Currituck Outer Banks provides an attractive investment market for numerous hospitality, retail and services business interests. The construction of the Mid Currituck Bridge enhances opportunities for growth in these sectors in both the Currituck Mainland and Corolla, and even deeper throughout the Albemarle region along feeder highway corridors.
Improving access to the Currituck Outer Banks area will also have a major impact on corporate site selection, as businesses take advantage of the more efficient access to markets and the increased flow of recreational and local traffic through formerly undeveloped land and congested highways.
On December 4th, 2014, North Carolina Governor Pat McCrory and Secretary of Transportation Tony Tata announced the 2016-2025 State Transportation Improvement Plan (STIP), outlining the many projects planned for construction in the next 10 year cycle throughout the State. In total, the STIP will construct over 1,100 projects creating 300,000 jobs.
To the excitement of local officials, residents and businesses, the Mid-Currituck Bridge project is one of the critical regional projects funded utilizing NCDOT’s new data-driven prioritization process. In fact, the project was helped by the strong support of neighboring counties and towns and the NCDOT division staff – further underlying the regional importance of the Mid-Currituck Bridge.
According to the STIP, funding allocations for activities including right-of-way acquisition, utilities and construction begin in 2019 and continue in each following year through the end of the STIP cycle.
The 7-mile toll project includes a two-lane bridge that spans the Currituck Sound and connects the Currituck County mainland to the Outer Banks. It also includes a second two-lane bridge that spans Maple Swamp on the Currituck County mainland, connecting Aydlett to U.S. 158.
The project has an overall estimated cost of $440 million. A portion of the funding is expected to come from bonds that will be paid back with toll revenue. The remainder of the funding is expected to come from a combination of state and federal transportation tax revenues. After taking into account funding from toll revenue, the project has an estimated cost of $173 million to NCDOT. There is not an estimated toll rate at this time until the Record of Decision is announced by the North Carolina Turnpike Authority in 2019.
The Mid Currituck Bridge will provide a much-needed secondary access point, saving more than 50 miles on a trip to the seaside’s northern region and cutting travel times in half on a trip from the Hampton Roads region.
Moreover, the Mid-Currituck Bridge location is a short distance from major Mid-County transportation, education and recreation assets at the 550-acre Currituck Community Park in Maple, NC. This development is home to the YMCA, Senior Center, Animal Shelter, tournament quality multi-purpose fields and the soon to be built $18 million Public Safety Building (opening 2020).
Corporate site selection assets near the Mid-Currituck Bridge at Currituck Community Park include:
In addition to these County assets, the nearby areas of Coinjock, Aydlett, Maple and Barco provide numerous opportunities for private development along highways 168 and US 158, the Intracoastal Waterway and the Currituck Sound.