Monday, February 25, 2013

Feds release $87.3 million for SunRail project

Feds release $87.3 million for SunRail project FTA

The Federal Transit Administration (FTA) released an additional $87.3 million for the Central Florida SunRail project.

In July 2011, FTA signed a construction grant agreement committing $178.6 million in New Starts funds, which is 50 percent of the total project cost. This brings FTA's investment so far to $148.5 million in Fiscal Year 2012 and prior-year New Starts funds.

Additionally, On Feb. 22, Federal Transit Administrator Peter Rogoff visited the construction site of the new Florida Hospital SunRail transit station to highlight the significant economic impact that investments in public transportation can create in Central Florida and in cities and towns across the nation.

The Florida Hospital rail station is one of 12 stations planned for the first phase of Central Florida's 32-mile SunRail commuter rail line. Construction of the rail line, which parallels the highly-congested I-4 corridor in Orange, Seminole and Volusia counties, has put about 800 people to work and has spurred a $250 million investment in a 176-acre Health Village at Florida Hospital that will enable thousands of medical researchers, hospital employees, patients and their families to take transit to work or when seeking medical care.

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