Representatives of the Metropolitan Transportation Authority told the World Trade Center Redevelopment Committee of Community Board 1 last night that construction plans for the Fulton Street Transit Center are "back on track," according to a report in today's edition of the Broadsheet Daily by its editor, Terese Loeb Kreuzer.
Her article indicated that the representatives said that "consensus has been reached on costs and schedules, and that funding is now in place to deliver on the project's original goals."
"The funds," the article continued, "include $847 million from the federal government, $129 million from the MTA and $424 million in stimulus funds, for a total of $1,400 million. The majority of the money will go to complete construction below ground."
"Some of the milestones," according to the article, "include completion of the northbound platform of the R/W Cortlandt Street station by December 2009, a new entrance at William Street by May 2011, a new connection from the A/C to the 4/5 trains at Fulton Street by August 2011, a rehabilitated 4/5 Fulton Street station and a new entrance at Dey Street by July 2012 and a new escalator to John Street and the opening of the Dey Street concourse by November 2012. By December of 2012, the MTA expects to have restored the Corbin Building and added first floor retail space. The Transit Center building with its glass oculus is expected to open in June 2014."
Her article indicated that the representatives said that "consensus has been reached on costs and schedules, and that funding is now in place to deliver on the project's original goals."
"The funds," the article continued, "include $847 million from the federal government, $129 million from the MTA and $424 million in stimulus funds, for a total of $1,400 million. The majority of the money will go to complete construction below ground."
"Some of the milestones," according to the article, "include completion of the northbound platform of the R/W Cortlandt Street station by December 2009, a new entrance at William Street by May 2011, a new connection from the A/C to the 4/5 trains at Fulton Street by August 2011, a rehabilitated 4/5 Fulton Street station and a new entrance at Dey Street by July 2012 and a new escalator to John Street and the opening of the Dey Street concourse by November 2012. By December of 2012, the MTA expects to have restored the Corbin Building and added first floor retail space. The Transit Center building with its glass oculus is expected to open in June 2014."
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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