Search
 

GlobeSt.com UPDATE: Phase I of $750M Fulton Transit Gets Under Way

NEW YORK CITY-Construction begins on Phase I of the Fulton Street Transit Center. The $750-million effort will link 11 subway lines and create a grand concourse across Lower Manhattan.

By Barbara Jarvie | Updated on August 30, 2005

NEW YORK CITY-In one of the initiatives designed to improve Lower Manhattan and realize the goal of creating a 24/7 neighborhood, work has begun on the first phase of the MTA’s Fulton Transit Center . The $750-million federally funded plan will link 11 subways lines to the PATH and ferry service and create a grand concourse.

“The connectivity and accessibility of Downtown’s critical transportation lines is a very important step in the rebuilding of Lower Manhattan,” says Brookfield Properties president & CEO Ric Clark. “The Fulton Transit Center will be invaluable in allowing the business community to tap into one of Downtown’s inherent advantages, extensive subway services.”

The plan will make access to the streets and the station platforms, and transfers from line to line. Coupled with the new World Trade Center Transportation Hub, it will connect virtually every mode of transit in Lower Manhattan. The project will also make the complex accessible to the disabled.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.