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9/12/2003
Rail News: Rail Industry Trends
NJ Transit approves funding for additional parking
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New Jersey Transit recently included a $25 million "Park and Ride Expansion Program" its fiscal-year 2004 budget.
Under the program, NJ Transit would construct 2,315 and design 1,400 parking spaces at various transit facilities.
The FY04 program includes $23 million for land acquisition and construction, and $2.6 million for planning and design work.
Additional spaces are necessary to meet growth accelerated by existing and new passenger services, according to a prepared statement. During the next five years, the agency plans to add 10,000 new parking spaces at system-wide stations.
Under the program, NJ Transit would construct 2,315 and design 1,400 parking spaces at various transit facilities.
The FY04 program includes $23 million for land acquisition and construction, and $2.6 million for planning and design work.
Additional spaces are necessary to meet growth accelerated by existing and new passenger services, according to a prepared statement. During the next five years, the agency plans to add 10,000 new parking spaces at system-wide stations.
