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Earlier this week, Federal Transit Administrator James Simpson signed a contract guaranteeing $345.5 million in federal funds for the Tri-County Metropolitan Transportation District of Oregon’s I-205/Portland Mall light-rail extension.
The federal grant will cover 60 percent of the project’s $575.7 million cost.
Scheduled to open in September 2009, the 8.3-mile line will run between Gateway Transit Center and Clackamas Town Center, and Union Station and Portland State University.
7/5/2007
Rail News: Rail Industry Trends
TriMet secures $345.5 million federal grant for I-205/Portland Mall line
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Earlier this week, Federal Transit Administrator James Simpson signed a contract guaranteeing $345.5 million in federal funds for the Tri-County Metropolitan Transportation District of Oregon’s I-205/Portland Mall light-rail extension.
The federal grant will cover 60 percent of the project’s $575.7 million cost.
Scheduled to open in September 2009, the 8.3-mile line will run between Gateway Transit Center and Clackamas Town Center, and Union Station and Portland State University.
