An Amtrak Northeast Regional train departs downtown Richmond, Va.
Chase Gunnoe
RICHMOND, Va. — The state of Virginia’s Atlantic Gateway Project is getting a major funding boost. Virginia Gov. Terry McAuliffe announced this week that the project has been selected as a recipient of a federal FASTLANE grant of $165 million. The federal grants will leverage more than $500 million in private investments and more than $700 million in other transportation funding.
The $1.4 billion project looks to relieve rail congestion along the I-95 corridor with the construction of 14 new miles of rail in the area of Long Bridge. The funding will also look into acquiring CSX Transportation’s S-line rail corridor that runs from North Carolina to the Richmond area for the location of the proposed Southeast High Speed rail corridor.
“Our administration worked with federal, state, local and private sector parties to submit a package of transportation improvements that will have far-reaching benefits for everyone who travels the Commonwealth, whether by car, bus or train,” McAuliffe says.
