Connecticut CBRA - financing and investment for CT redevelopment propertyCT CBRA debt financing and investment capital for Connecticut brownfield commercial propertyContactSitemap
CT brownfields commercial re-development propertyFinancing and Grants for commercial property redevelopment CTCT Brownfield property locator - site searchApplication for Loans or Grants CT CBRA CT Brownfields NewsCT Brownfields Links
Upcoming Events
Success Stories
Featured Properties
eNewsletters
Legislation
Task Force Report

ctBrownfields

CBRA News



Transitway funding likely to ensure project's completion

Date: 07/27/2010
Source: The Stamford Times http://thestamfordtimes.com
STAMFORD -- U.S. Rep. Jim Himes and Stamford Mayor Mike Pavia announced Monday that the U.S. House Appropriations Committee has approved $1 million for the completion of the Stamford Urban Transitway.

The project is a realignment of streets and roads that is intended to make it easier for commuters to access I-95, the bus system, the train station and downtown. It aims to build a one-mile corridor linking Elm Street to the Stamford Transportation Center.

Himes and Pavia recently announced a $16 million grant for the project's second phase. Along with local funding, this $1 million is likely to provide the necessary funds to complete the project, according to city officials.

Congressman Himes' critical leadership in securing what we see as the final dollars to complete the Stamford Urban Transitway strengthens the future of Stamford's economic growth," said Pavia. "The Transitway is a key component of Stamford's expanding transit-oriented development."

Once completed, the Transitway will increase access to public transportation, improve deteriorated air quality, and open the south waterfront to a $4 billion brownfields revitalization and mixed-use redevelopment now underway, according to city officials. The Transitway will connect several regional transportation facilities with bus, high occupancy vehicle, vehicle, and bicycle and pedestrian lanes. Improvements will also be made to sidewalks, bicycle lanes, and surrounding roads.





Email this article Know someone who would enjoy this article?
Email it to them Now!

Return to the main news area.

© 2006-2010 CT Development Authority
  Print This Page
© 2006-2010 Connecticut Brownfields Redevelopment Authority - Rocky Hill, CT.    Contact Us
Web Solutions Connecticut CT Web Design / Development Company