Home High Five S. Waterfront gets $23M

S. Waterfront gets $23M

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High Five
Thursday, February 18, 2010

The Portland Streetcar is getting $23 million in stimulus funding to improve service on SW Moody Avenue.

The funds are part of the $1.5 billion set aside for "innovative" transportation projects across the country. More than 1,400 applications were submitted for the funds.

For Portland, the funds will be used to reconstruct SW Moody Avenue in the South Waterfront area. The project will elevate the roadway by 14 feet to cap contaminated soils. It will include three traffic lanes, dual streetcar tracks and pedestrian and bicycle facilities. The project will introduce infrastructure investment to support future development.

[The Transportation Department] highlighted benefits that include: spurring "economic activity by opening up large parcels adjacent to SW Moody Avenue for development and will incorporate additional transit options along SW Moody Avenue to help ensure the economic success of the South Waterfront district. This investment in roadway and streetcar facilities also supports the Portland-Milwaukie Light Rail extension and streetcar extensions including the Close the Loop line (connecting eastside and Westside streetcar lines) and the Portland-to-Lake Oswego lines.''

Read the full story at OregonLive.com.

{biztweet}Portland Streetcar 23 million{/biztweet}

 
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