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The report, which is part of AECOM’s ongoing Future of Infrastructure thought leadership series, investigates the latest industry trends and outlines best practices for the successful delivery of HSR systems around the world.
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The funding is aimed at reconnecting communities cut off by transportation infrastructure decades ago, leaving entire neighborhoods without direct access to opportunity, like schools, jobs, medical offices, and places of worship.
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The project is a multi-phased initiative that will consist of mixed-use development and public infrastructure improvements to the Hoboken Bus Terminal, Ferry Terminal Building, and the area surrounding the rail station.
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Metro-North was able to achieve the record on-time performance while still maintaining its aggressive infrastructure program, with crews working to complete a major switch replacement project on Grand Central Terminal’s upper level.
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The pledge affirms the MTA will ensure participation on at least $1 billion of work by Minority- and Women-owned or Disadvantaged Business Enterprise firms every year and award larger contracts to small businesses.
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The new 544,000-square-foot base will include maintenance facilities and charging infrastructure for the next-generation battery-electric buses scheduled to begin service in 2026.
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FTA's bus funding represents the third bus grant package since President Biden signed BIL, which has invested more than $3.3 billion in American transit buses and the infrastructure that supports them.
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President Biden’s Bipartisan Infrastructure Law, invests $5.6 billion to support the purchase of cleaner American-made transit buses, train the transit workforce, and upgrade fueling and maintenance infrastructure.
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The grant for the new RapidRide J Line was funded by President Biden’s Bipartisan Infrastructure Law.
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In a letter, APTA President/CEO said “At a minimum, we urge the THUD Appropriations Act, together with advance appropriations of the Infrastructure Investment and Jobs Act, to provide $21.1 billion for public transit and $16.7 billion for passenger rail, as passed by the Senate..."
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