The Virginian Pilot is reporting and Governor McDonnell has announced that VDOT and the Navy have signed a Memorandum of Agreement allowing VDOT to move forward with the construction phase of the I-564 intermodal connector.
Construction is expected to begin in late summer 2013 and construction is expected to be complete in September 2015.
Here (PDF) is a flyer with details about the project.
A preliminary map of the work is here (PDF).