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Hudson River Tunnel Project Cost Rises to $11.6B as Construction is Further Delayed

August 31, 2020

Via: ENR

Costs for the proposed Hudson River rail tunnel project yo-yoed back up as planners postponed the projected start date by a year, according to documents dated Aug. 28 by the Gateway Program Development Corp. and the Port Authority of New York and New Jersey.

The $11.6 billion project includes $1.8 billion to rehabilitate the existing North River Tunnel between the two states and $9.8 billion for a new tunnel. The total price tag, cited in a submission to the Federal Transit Administration’s 2020 call for projects for the Capital Investment Grant, is a 2.4% increase from the 2019 submission’s $11.3 billion. Last year’s submission itself was a reduction from $12.7 billion.

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