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The Port Authority of New York and New Yersey has launched the RFP to conduct the Tier II Environmental Impact Study to explore the impact and feasibility of the Cross Harbor Freight Movement Project. The study is expected to cost between US$35 million and US$70 million.
The Cross-Harbor Rail Tunnel (also known as the Cross Harbor Rail Freight Tunnel) is a proposed freight rail transport tunnel under Upper New York Bay in the Port of New York and New Jersey between northeastern New Jersey and Long Island, including southern and eastern New York City.
On September 25, 2015 the Tier 1 Final Environmental Impact Statement was released, which narrowed the alternatives to two. These are namely:
By improving the movement of goods across the harbor, the project would provide near-term and long-term improvements to the regional freight network, reduce truck traffic congestion, improve air quality, and provide economic benefits. The project's goals, and specific objectives under these goals, are the basis for developing the criteria and methodology for evaluating the project alternatives. We've identified several specific goals for the CHFP:
The Capital Region Development Authority (CRDA), the quasi-public Connecticut State agency responsible for operation and maintenance of the XL Center in Downtown Hartford, is exploring options for attracting private investment for a proposed US$250 million makeover of the arena.
Read moreEIG Global Energy Partners (EIG) has announced the final close of Global Private Debt Fund (GPF IV), a continuation of the firm’s platform for energy and infrastructure credit and direct lending.
Read moreThe Pennsylvania Turnpike Commission (PTC) is exploring the possibility of entering into a public-private partnership (P3) with a developer to design, build, finance and maintain a fiber optic infrastructure broadband network.
Read moreLos Angeles County Metropolitan Transportation Authority (Metro) has issued a Request for Proposals to study the feasibility of various transit modes and alignments for the L.A.’s notoriously congested Sepulveda Pass.
Read moreThe Federal Aviation Administration of USA has accepted St. Louis’ preliminary application to participate in the Airport Privatization Pilot Program.
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