Denver's Union Station awarded fed funds

Posted on February 8, 2010

The U.S. Department of Transportation (U.S. DOT) approved a $151.6 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan and a $152.1 million loan application under the Railroad Rehabilitation and Improvement Financing Program (RRIF) for the Denver Union Station, the centerpiece of the Regional Transportation District's (RTD) FasTracks transit expansion plan.

These loans, which constitute 64 percent of the nearly half-billion dollar project cost, will help transform Denver Union Station into a true multi-modal transportation system, connecting light rail, commuter rail, buses, streets and public spaces.

In addition to the TIFIA and RRIF loans, Denver Union Station has already received $28.4 million in funding from the American Recovery and Reinvestment Act.

The Denver Union Station project is a 50-acre public-private development venture in lower downtown Denver. The intermodal transit development project will serve as a regional multimodal hub that will improve transportation and reduce congestion in the downtown area.

Transportation elements include an underground bus terminal with 22 bays, a light rail station for current and future light rail routes, a commuter rail station that will serve Amtrak and possibly a ski train, and public plazas to integrate transit service. Construction is estimated to take four-years to complete.

The East Corridor and Gold Line commuter rail lines are part of Regional Transportation District's (RTD) FasTracks expansion program of major transit investments in the Denver region. These projects, which were included in President Obama's budget request to Congress, will both feed into Denver Union Station.

By 2030 ridership is expected to reach 43,400 weekday boardings with 11,450 daily new riders. The total project cost is $479.4 million.



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

More News

Bombardier contracted to extend Phoenix airport people mover

The contract is valued at approximately $305 million and includes options for three additional vehicles as well as for various vehicle retrofits and upgrades.  

Siemens, partners deliver automated peoplemover for Frankfurt Airport

The company will deliver 12 fully automated two-car trains equipped with GoA4 Communication Based Train Control Trainguard MT CBTC, the track work equipment, the station platform doors, communication system, depot equipment, and the power supply system.

FRA taking proactive approach to help railroads meet PTC requirement

At the direction of Secretary Elaine L. Chao, the FRA is taking a proactive approach to ensure railroads acquire, install, test, and fully implement certified PTC systems in time to meet the congressional interim deadline of Dec. 31, 2018.

Despite federal uncertainty, N.C. light rail project optimistic about funding

Half of the Durham-Orange light rail’s cost — totaling over a billion dollars — is expected to come from the federal government.

Las Vegas Monorail unveils Google Pay mobile ticketing

The Monorail now offers riders the ability to quickly and easily purchase fares online and use their phone at the fare gates for immediate transit access to everything along the Las Vegas Strip.

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



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