City Using Portion of Stimulus Funding on Houston
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Beginning this summer, E. Houston from the Bowery to the FDR will be a loud construction zone. Projected completion date is sometime in 2011. According to NYC.gov, this project is part of a widespread plan to use federal stimulus money to fund transportation projects throughout the Five Boroughs.
Description: The project will include reconstruction of the deteriorated roadway from Bowery to FDR Drive; widening of sidewalks, enlarging of medians, installation of new pavement markings and bicycle lanes from Second Avenue to FDR Drive; and creation of two new plaza areas. The project will have a significant benefit for businesses by improving the streetscape, geometry, and road condition to increase foot traffic. Additionally, the two plaza areas created by the project will attract additional pedestrians and generate economic activity in the surrounding area.
Total Project Cost: $23.5 million
Displaced Funding Received: $23.5 million
Other Funding: $0
Construction Bid: Summer 2009
Estimated Completion: Fall 2011