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.