Dive Brief:
The Federal Transit Administration has struck a deal with the New Jersey Transit Corp. to fund the $1.9 billion Portal North Bridge project with a $766.5 million Capital Investment Grant. The balance of the money will come from the Federal Highway Administration ($57 million), New Jersey ($811 million) and Amtrak ($251 million).
New Jersey Transit will build a new two-track, fixed-span railroad bridge that will replace the existing 110-year-old swing-span bridge, which crosses the Hackensack River in New Jersey and is part of Amtrak's Northeast Corridor line that connects Boston to Washington, D.C., via rail. The project will also include almost 2.5 miles of related infrastructure.