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The Moynihan Train Hall will benefit the entire North East Corridor service area, as two-thirds of all NEC rail trips currently pass through Penn Station.
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Someone asked me recently if public-private partnerships (P3s) are just a fad or a delivery method that will ultimately be the country’s future. There’s no doubt about the answer. Public-private partnerships are here to stay.
Read More →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.
Read More →As part of the CTA 2013-2017 Capital Improvement Plan, the 9.4 mile Dan Ryan Branch of the CTA Red Line is being fully reconstructed. Improvements to the terminal will mean better bus and rail connections and reduced travel congestion and delays.
Read More →Will use loan to fund a portion of its contribution to the project and will begin drawing on the funds in 2013. In addition to FTA's contribution to the project, a consortium of private companies, known as the Denver Transit Partners, is responsible for financing around 24% of the project through tax-exempt private-activity bonds issued by RTD, equity contributions and other means.
Read More →The new vehicles will help meet growing ridership demand and improve security with up-to-date technology. Modernizing CTA’s rail fleet also will improve the reliability of transit service and give passengers a smoother, more comfortable ride.
Read More →Melding public and private interests can help to provide launch funding for rail projects while reducing costs, streamlining development and shortening implementation schedules.
Read More →The Bureau issued a NOFO to solicit applications for grants to designate Accelerators that will serve defined geographic areas, provide technical resources, and fund planning and development activities to expedite project delivery.
Read More →The agency will use the TIFIA loan to advance construction of a 8.5-mile light rail line and at least six new transit stations with off-street parking.
Read More →The project, slated to be completed this summer, encompasses half a city block in downtown Mount Vernon, Wash., and will be a short walk from Skagit Station, Skagit County’s multi-modal transportation center.
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