U.S. Transportation Secretary LaHood Announces $23.2 Million Grant Agreement for Reconstruction of SW Moody Avenue in Portland
Contact: Paul Griffo
Projects Will Expand Options for Transit, Development Along South Waterfront
WASHINGTON – Reconstruction of Moody Avenue in the South Waterfront area of Portland, Ore., will soon begin thanks to a grant agreement between the City of Portland and the Federal Transit Administration (FTA), U.S. Transportation Secretary Ray LaHood announced today. The project received $23.2 million from the American Recovery and Reinvestment Act’s TIGER (Transportation Investment Generating Economic Recovery) program.
The Recovery Act money will help widen the street and add dual streetcar tracks and three automobile traffic lanes. The street will also be elevated 14 feet to link with a transit bridge currently under construction. The bridge will accommodate streetcar, light rail, bus, bicycle and pedestrian traffic.
“The Moody Avenue reconstruction project is another great example of how the Recovery Act is creating jobs and giving people access to convenient, affordable transportation options,” said Secretary LaHood.
“This innovative transit project will not only create jobs and streamline transportation on Southwest Moody Avenue, but it will also transform an area that was once deemed an environmental hazard into an engine of economic growth,” said Federal Transit Administrator Peter Rogoff.
Raising the street will allow surrounding land, which had been designated a Superfund cleanup site by the Environmental Protection Agency, to be developed without degrading the site further. When complete, the South Waterfront district is projected to house 5,000 residents and employ 10,000 people.
In addition to Southwest Moody Avenue, transit projects in Detroit, Tucson, Ariz., New Orleans, Dallas and the Washington, D.C. area were awarded grants ranging from $23 million to $63 million from the TIGER program.