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FRA looks to regional partnerships to help implement a new project alternative and ensure Union Station remains in sound fiscal condition.
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Included is the construction of a new Pace bus facility, including three bus bays, a covered waiting area, and driver relief facilities.
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Sound Transit estimates the loans will save $245 million through 2046.
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Grand Central Madison is a new 700,000-square-foot terminal and concourse below Grand Central Terminal.
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The improvements are part of the CTA's ongoing, cyclical station improvement program Refresh & Renew.
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The work is part of the Metra Electric Community Initiative, a multiyear, multimillion-dollar plan to transform 13 stations on the line.
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Station agents will shift from working exclusively in booths to performing core customer service functions throughout the station.
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The $159 million contract awarded in May 2020 was the first major construction package awarded for South Coast Rail Phase 1.
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Work performed as part of Refresh & Renew not only improves the customer experience, it is also an investment in CTA employees by providing a safe and comfortable transit experience
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Through the agreement, Intersection will bring its suite of static and digital media products to more than 800 buses and paratransit vehicles, nearly 40 bus and rail stations, and a number of EV charging stations.
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