Raleigh's Union Station project is getting another $15 million in funding, a boost that is essential to fully funding the new transportation hub in downtown Raleigh.
The North Carolina Department of Transportation said Monday that the Federal Railroad Administration has, for the first time, given written approval for DOT to amend the Piedmont Improvement Program cooperative agreement to provide Raleigh an additional $15 million for the station.
On Sept. 4, Sen. Kay Hagan announced the project was getting a $10 million grant from the U.S. Department of Transportation. At that time, the project still needed $20 million for the full vision of the station.
The station would replace the current Amtrak station on Cabarrus Street.
"Our team has worked closely for months with the Federal Railroad Administration to identify additional funding as we remained committed to helping build this vital station," DOT Secretary Tony Tata said in a statement. "We stayed engaged with city leaders throughout the process, but we had to ensure the money was available and that our existing agreement was properly amended."
On Sept. 19, NCDOT received a letter from the Federal Railroad Administration, under USDOT, approving a request to reprogram $15 million from another Piedmont Improvement Program project to be used for Raleigh Union Station (see attached letter).
"I want to thank Secretary Tata for his leadership and our partners at NCDOT and the Federal Railroad Administration for making this happen," said Raleigh Mayor Nancy McFarlane. "Raleigh Union Station will spur economic growth and continue the revitalization of an historic area of downtown. Also, the additional rail projects will better connect the Triangle to Charlotte and many points in between."
The additional $15 million is expected to close the gap needed to build the station that will serve as a hub for rail and bus transit. Construction is scheduled to begin in early 2015.