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Northeast Corridor moves into engineering; county reports $927 million cost estimate and strong ridership forecast
Summary
County staff reported the Northeast Corridor rapid-transit project entered the engineering phase and presented a roughly $927 million preliminary cost estimate, an expected federal contribution allocation of about 42% and projected ridership of about 15,000 boardings per day for the Miami-Dade segment.
Miami-Dade County staff told the Citizens' Independent Transportation Trust that the Northeast Corridor rapid-transit project has entered the Federal Transit Administration (FTA) engineering phase and remains on a path through the FTA New Starts funding process.
"Officially, this project is in the engineering phase," Gabriela Serrado, county project lead for the corridor, said at the meeting. Serrado said the county advanced into engineering in late October and is working closely with FTA on risk workshops, readiness reviews and the Capital Investment Grants (New Starts) process.
County staff presented an updated capital cost estimate of about $927,000,000…
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