Management & Operations

U.S. DOT grants $2.85 billion for Lower Manhattan

Posted on December 4, 2003

The U.S. Department of Transportation granted $2.85 billion in transit funding for Lower Manhattan, the first down payment to restore mass transit in the aftermath of the Sept. 11, terrorist attacks. Peter S. Kalikow, Chairman of the New York Metropolitan Transit Authority, said, "We are pleased that Governor Pataki designated these important MTA projects as priorities for 100% funding." The following grants were issued: --A $1.7 billion grant for the World Trade Center Permanent PATH Terminal--a terminal under the World Trade Center site to serve the PATH subway system and provide pedestrian connections. Prior to Sept. 11, 2001, the WTC Terminal served over 130,000 commuter trips daily. --A $750 million grant for the Fulton Street Transit Center-- a rehabilitated, enhanced, multi-level underground complex of stations to serve 12 different subway lines and over 275,000 commuter trips daily. --A $400 million grant for the South Ferry Subway Terminal--replacement of the functionally obsolete station adjacent to and under Battery Park. The project will transform the single track, five-car station that serves the 1 and 9 subway lines with a three-track, 10-car, stub end two-platform terminal, and will be located immediately adjacent to renovated Staten Island ferry. Since the Fall of 2002, the Federal Transit Administration and the Federal Emergency Management Agency have been working with New York Gov. George E. Pataki, New York Mayor Michael R. Bloomberg, and a transportation working group, have worked to identify and prioritize major transportation capital investment projects to be implemented with the available funding.

View comments or post a comment on this story. (0 Comments)

More News

NorthEast Charter joins IMG network

The company joins IMG’s Cyr Bus Lines in serving the state of Maine and surrounding areas.

TriMet's GM McFarlane to retire

He led the expansion of TriMet’s light rail system, which has become a national model for integrating land use and transportation planning, policy and development.

Nashville mayor unveils $5.2 billion transportation plan

It includes 26 miles of Nashville’s first-ever light rail system, four rapid bus routes, a dramatic increase in the service and frequency of the bus system, and a strategy of service and infrastructure improvements.

RATP Dev North America adopts one brand

Rebranding of McDonald Transit and RDMT simplifies client interactions by immediately connecting clients to the parent company in North America.

MV Transportation names IT exec to CEO post

Kevin Jones joins MV from DXC Technology, a publicly traded IT services company, where he served as sr. VP and GM of the Americas region.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close