The US Department of Transportation’s (DOT) Federal Transit Administration (FTA) has announced nearly $1.07bn in federal funding to the Chicago Transit Authority (CTA) for the first phase of the Red and Purple Modernisation Project.
Of the $1.07bn funding, $956.61M will be offered through the FTA’s Capital Investment Grant (CIG) Program, while about $116M will be provided through the Department’s Congestion Mitigation and Air Quality Program.
The scope of the project, estimated to cost $2.06bn, will include track improvements north of the Belmont Station, the reconstruction and expansion of four stations, and upgrades to the power, track and signal systems.
FTA’s acting administrator Carolyn Flowers said: "FTA is awarding highly competitive grant funds for this project because there is a clear need for transit improvements in this busy, crowded corridor.
"When completed, this project will make a big difference for CTA riders with increased service, less crowding aboard trains, and better waiting conditions at larger reconstructed stations."
* Data provided by Timetric's Construction Intelligence Center.