The North River Tunnel under the Hudson River connects New York and New Jersey and carries Amtrak and NJ TRANSIT passengers making 200,000 daily trips. Photo Credit: Gateway Program Development Corp.
Besides the lower projects costs, which resulted in part due to project planning and engineering enhancements, other significant changes under the revised plan include Amtrak increasing its funding commitment from $704 million to $1.282 billion as part of the updated tunnel plan.
August 27, 2019 at 11:12 AM
1 minute read
The original version of this story was published on Https://www
NEWARK, NJ—Officials pushing for a new multi-billion-dollar Gateway Hudson River Tunnel announced on Friday they have trimmed $1.4 billion off the cost of the project in the hopes of securing necessary federal funding for the venture.
Richard Cotton, executive director of the Port Authority of New York & New Jersey, the project sponsor, sent a letter to the Federal Transit Administration on Aug. 23rd requesting the Hudson Tunnel Project be included in the USDOT Fiscal Year 2021 budget.
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