The Maryland Transportation Authority has selected Areas USA Inc. to rebuild and operate the state’s two Interstate 95 travel plazas under a revenue-sharing agreement.
The Miami food and beverage retail service provider will enter into a public-private partnership with the state to run the Maryland House and Chesapeake House along I-95. Areas will foot the $56 million bill tied to the project. The 35-year contract, set to run until 2047, still needs approval by the state’s Board of Public Works. The Maryland General Assembly will also complete a 30-day review of the project.Read the full story from the Washington Business Journal.