The Port Authority of New York and New Jersey, Amtrak, and the U.S. Department of Transportation, together with NJ TRANSIT, and with the support of U.S. Secretary of Transportation Anthony Foxx, New York Governor Andrew Cuomo and New Jersey Governor Chris Christie, U.S. Senators Charles E. Schumer (D-NY), Cory Booker (D-NJ), and Robert Menendez (D-NJ) today announced a series of concrete steps to move the Gateway Program forward.
The Port Authority of New York and New Jersey’s Board of Commissioners is expected to vote on authorizing $35 million for preliminary engineering for the Hudson Tunnel Project at its March 24 meeting. Amtrak has also pledged $35 million for the preliminary engineering work which will support the environmental and planning efforts for the tunnel project. The new tunnel will allow for the closure and rehabilitation of the existing 106-year old tunnel that was badly damaged by Superstorm Sandy in October 2012. The new two-track, trans-Hudson rail tunnel will provide a vital backup to the current century-old tunnel.
This financial commitment will help build momentum and expedite review and permitting for the rehabilitation of the existing tunnel and creation of the new tunnel. The Hudson Tunnel Project is a major priority of New York Governor Andrew Cuomo and New Jersey Governor Chris Christie, U.S. Senators Charles E. Schumer (D-NY), Cory Booker (D-NJ), and Robert Menendez (D-NJ), U.S. Secretary of Transportation Anthony Foxx, Amtrak, the Port Authority, and NJ TRANSIT.
The 50/50 contribution from Amtrak and the Port Authority for preliminary engineering is consistent with the overall framework announced in November. Following calls to action by Secretary Foxx, Governors Christie and Cuomo and Senators Booker and Schumer, the non-federal agencies have been pursuing a 50/50 framework between federal and local funding. A development corporation will be responsible for developing a specific funding and financing plan for the Program.
The Port Authority’s Board of Commissioners is also expected to be briefed on steps being taken towards the formation of a development corporation that will oversee and manage the Gateway Program. Consistent with the framework outlined in the November 12, 2015 press release issued by Governors Christie and Cuomo, and Senators Booker and Schumer, the corporation’s board would consist of representatives from Amtrak, Commissioners of the Port Authority as representatives of the States of New York and New Jersey, and the U.S. Department of Transportation.
The Gateway Program will deliver a set of rail infrastructure projects between Newark, NJ and New York City. Major projects include the construction of the Hudson Tunnel Project including the rehabilitation of the existing rail tunnel, replacement of the Portal and Sawtooth bridges in New Jersey, the Hudson Yards tunnel right-of-way preservation project, and expansion of New York Penn Station, Newark Penn Station, and Secaucus Junction. The Program will improve resiliency and – when completed – is expected to significantly increase capacity for Amtrak and NJ TRANSIT along the busy Northeast Corridor line.
New York and New Jersey representatives also are expected to utilize federal low-interest loan opportunities as another way to meet their share of the Program’s cost. Later this year, preliminary filings are expected to be submitted to the U.S. Department of Transportation’s credit programs, which will allow for accelerated funding decisions on various projects in the Gateway Program.Related Articles: