U.S., New York/New Jersey: Gateway delay increases project cost by hundreds of millions of dollars, planners say

By Colleen Wilson, NorthJersey.com; August 28, 2020

A revised financial plan to fund the long-delayed Gateway project anticipates costs going up by hundreds of millions of dollars because of the stalled process for federal aid, said the agency leading the proposal planning.

“The estimated construction cost of the Hudson Tunnel Project elements totaling $11.6 billion, has in whole, increased by $275 million (2.4%) since the 2019 submittal,” according to the letter to the Federal Transit Administration from the main project sponsor, the Port Authority of New York and New Jersey.

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