NYT event listing for Children's Museum, Nov 2003

NYC 9/11 Public Portal Document

Funding Priorities for Lower Manhattan In keeping with the goals and objectives outlined above. Governor George E. Pataki has articu­ lated a set of priority projects to revitalize Lower Manhattan. These projects were determined after consultation with the Transportation Working Group comprised of representatives of the State of New York, the City of New York, the Metropolitan Transportation Authority (MTA), the Port Authority of New York and New Jersey (PANYNJ), the New York State Department of Transportation (NYSDOT) and the Lower Manhattan Development Corporation (LMDC). These projects include a number of key transportation investments: a Lower Manhattan Transit Hub that incorporates the World Trade Center Transportation Complex (including the perma­ nent World Trade Center PATH Terminal, pedestrian connections and related infrastructure) and the Fulton Street Transit Center; the South Ferry Subway Terminal; access to regional air­ ports; bus facilities and WTC site sub-grade infrastructure; and improvements to West Street.

The federal government has earmarked $4.55 billion of the $20.6 billion of federal funds allocated for recovering from the September 11th attacks for transportation investment. On February 6, 2003, the Governor submitted to the Federal Emergency Management Agency and the Federal Transit Administration the funding requests for three priority projects — the World Trade Center Transportation Hub, Fulton Street Transit Center and South Ferry — estimates for which total $2.55 to $2.85 billion. Descriptions of the proposed projects are included in the chapters that fol­ low.

Cost estimates are based upon the responsible agencies' current estimates. Because many projects are in the preliminary stages of development, the cost estimates are likely to be refined as projects move forward. In recognition of the fact that the scope of each of these projects, as well as the cost estimates, may change over time, the Transportation Working Group will continue meeting to review project status and propose changes to scopes and costs.

Going forward, the allocation of the remaining $1.7 to $2.0 billion of the $4.55 billion in FEMA and FTA funding must now be determined. In addition to the three listed projects, there are a number of additional projects that the State, City and the transportation agencies consider impor­ tant for the revitalization of Lower Manhattan and that should be accomplished. Preliminary cost estimates for the set of transportation projects which are under consideration are listed on the accompanying table. The remaining $1.7 to $2.0 biUion will not be sufficient to finance all of these projects. Additional funding will be required.

14 Lower Manhattan Transportation Strategies

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