Rail

Chicago's Blue Line receives $120M TIFIA loan

Posted on February 11, 2015

U.S. Transportation Secretary Anthony Foxx today announced the closing of a $120 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Chicago Transit Authority (CTA) for major improvements to the Blue Line of CTA’s “L” rail service, which will upgrade tracks and stations between the downtown Loop and Chicago O’Hare International Airport.

Significant upgrades to the track, power supply, and signal system along the 19-mile stretch of the Blue Line between the Loop and O’Hare Airport stations will reduce and eliminate “slow zones,” resulting in faster, more reliable service. The over 80,000 riders who use the Grand-O’Hare branch daily will also see improvements to stations along the line to enhance accessibility and comfort, from brighter lights and cleaner tunnels to new elevators and artwork.

In addition to the $120 million TIFIA loan, the four-year, $408.7 million Blue Line renovation, known as “Your New Blue,” will be supported by $16 million in the U.S. DOT’s Transportation Investment Generating Economic Recovery (TIGER) funds awarded to CTA in 2012, with the remainder coming from state, local and other sources.

The project represents the largest upgrade of the Blue Line since it was extended to O’Hare in 1984.

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

More News

NJ TRANSIT hearing focuses on PTC

Some lawmakers expressed concern as to whether NJ Transit would be able to implement positive train control by the federally mandated deadline of Dec. 31, 2018.

Alstom to supply 14 metro cars to RATP, STIF

Due to circulate on line 4, the MP14 trains will help to increase the capacity and quality of transport on the line, with a targeted global service equivalent to that of line 1.

Development of iconic perfume threatened by high-speed rail plan

Chanel says it will leave Grasse, dubbed the perfume capital of the world, unless plans are dropped to drive a TGV line through the fields of flowers required to make the world’s most famous scent

MBTA employees to use 'biometric' time clock at rail facility

This new system, which has been in the works for more than a year, will enable employees to clock in and out by swiping their finger and tapping in a personalized PIN number.

Texas bullet train builder expands leadership, adds Aguilar as CEO

Tim Keith becomes president and will lead capital raising and external affairs.

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