The Hudson River tunnel project is part of Amtrak's Gateway infrastructure program for the Northeast Corridor.Photo – amtrak.com
The Gateway Program Development Corp. (GDC) last week released an updated financial plan for the Hudson River Tunnel Project that shows the project's overall cost has increased $275 million.
The plan also pushes back by one year the major construction start date, which now is projected to be early 2022. Cost increases — which bring the project's total price tag to $11.6 billion — are attributed to the start delay. Major work can't begin until the federal government issues a final environmental impact statement (FEIS) and record of decision (ROD) for the new tunnel and rehabilitation of the existing North River Tunnel, GDC officials said in a press release.
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