The information presented in this article was first reported by NorthJersey.com
The Gateway Development Commission board recently greenlit the preliminary stages of the $16.1 billion Hudson River rail tunnel project. With construction slated to commence next month, there’s a palpable momentum surrounding this initiative. Kris Kolluri, CEO of the commission, has emphasized the project’s ambitious timeline, aiming for significant progress within the current calendar year.
The approved contracts encompass a strategic $47.3 million initiative. This involves the relocation of utilities and the construction of an overpass on Tonnelle Avenue, marking the tunnel’s entrance on the New Jersey side. Two firms have been entrusted with these pivotal roles: Naik Consulting Group, P.C. from New York City and Conti Civil, LLC from Edison. Both companies have made commendable commitments to involve disadvantaged business enterprises in their respective contracts.
Parallel to these developments, a notable $600 million concrete casing project is set to launch at Hudson Yards in Manhattan this October. Both projects have successfully secured federal grants, underscoring the confidence and investment in this infrastructure endeavor.
By the close of the year, it’s anticipated that over half of the nine tunnel project packages will be actively underway. In a strategic move, the GDC board has collaborated with the Port Authority of New York and New Jersey. This partnership aims to ensure the seamless engineering and construction of the tunnel. With the Federal Transit Administration closely monitoring the project’s milestones, the GDC is in active discussions to secure an estimated $6.88 billion in federal funding. A potential partnership grant between federal and state entities could recalibrate the project’s financial framework, potentially optimizing costs for segments funded by both New York and New Jersey.