New $13.5B Trans-Hudson tunnel project unveiled

Amtrak intends to spend $50 million to begin preliminary engineering and design on two new rail tunnels from New Jersey to New York City. The "Gateway Tunnel" project was revealed by U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ), President and CEO of Amtrak, Joseph Boardman, and Amtrak board member Anthony Coscia at Penn Station in Newark. The new tunnels would significantly increase commuter train capacity by allowing NJ Transit to add an additional 13 trains per peak hour into New York City and it would increase the number of Amtrak trains into New York City by eight per hour.

"The Gateway Tunnel Project is essential to the future growth and
economic development of the entire northeast region and will provide for
greater capacity, connectivity and convenience for Amtrak and commuter
passengers in the heart of Manhattan. It is a critical first step that
we can take now to bring 220 mph Amtrak high-speed service to the
Northeast Corridor," said Amtrak President and CEO Joe Boardman.

"Intercity
and commuter rail passengers in New York and New Jersey are in need of
increased rail capacity. The two new trans-Hudson tunnels envisioned
under this plan will provide long- sought-peak-period operational
capacity and is an investment that will improve transportation
flexibility and reliability for decades to come," said Tony Coscia,
Amtrak Board of Directors.

Increased traffic and congestion into
midtown Manhattan threatens the economy of northern New Jersey and New
York City. The existing 100-year old rail tunnels into midtown
Manhattan are already operating at capacity during rush hour and
ridership is expected to double in the next two decades.

To
address these immediate concerns following the cancellation of the ARC
Tunnel project and with the encouragement of Senator Lautenberg, Amtrak
expedited its plans to build new rail tunnels. They are now moving
forward with the Gateway Project to increase the number of trains into
and out of New York. The project will also expand intercity and
high-speed rail access, providing world-class, high-speed rail service
on the Northeast Corridor.

The Gateway Project is
expected to increase NJ Transit commuter rail capacity into New York by
65 percent (increase from 20 to 33 trains per hour during peak hours).
The new tunnels will connect to the new Moynihan station as well as to a
new Penn Station South that is connected to the existing New York Penn
station, which has reached its capacity.

Amtrak’s plan also
includes a total replacement and expansion of the 100 year-old Portal
Bridge over the Hackensack River between Kearny and Secaucus. There
would also be significant infrastructure improvements in New Jersey
including expanding track capacity from what is essentially a two-track
railroad to an operationally superior four track configuration between
Newark and New York Penn Stations.

Amtrak projects that the
entire Gateway Tunnel project could be completed in 2020 at an estimated
cost of $13.5 billion. Amtrak will take a lead in finding ways to pay
the cost and will look for contributions from local, regional and state
governments including New Jersey, New York State, New York City, the
Port Authority of New York and New Jersey, and New York’s Metropolitan
Transportation Authority (MTA), as well as private investors. New Jersey
Gov. Chris Christie may have stopped the Access to the Region’s Core,
or ARC, in October, but the idea of a Trans-Hudson Tunnel is still being
kicked around. New Jersey’s senators, Frank Lautenberg and Robert
Menendez, along with Amtrak will reveal more details about the "Gateway
Tunnel," which would increase the number of commuter trains in and out
of New York City.