Date: Feb 06, 2014
Press Release Number: 35-2014
Key item in Agency’s proposed 10-year capital plan on target to meet 2015 deadline
“Construction to raise the roadway of the Bayonne Bridge is well under way and continues to accelerate at a brisk pace. The Port Authority has shifted all vehicular traffic to the west side of the bridge and construction crews have begun to remove portions of the eastern approach roadways and construct new piers. We are on schedule to meet our deadline for removal of the lower level roadway and navigational clearance obstruction by the end of 2015, which will allow the Port of New York and New Jersey to begin receiving larger, cleaner and more environmentally friendly post-Panamax container ships as soon as the Panama Canal expansion is completed.
“Raising the roadway of the Bayonne Bridge is an integral part of the Port Authority’s proposed ten-year $27 billion capital plan and a critical infrastructure investment that will keep our ports on both sides of the Hudson competitive and maintain the 280,000 regional jobs that are dependent on the Port of New York and New Jersey. We will continue to monitor the progress of this vital infrastructure project and ensure that we deliver this project on time and on budget.”
Removing the navigational clearance and raising the roadway of the Bayonne Bridge will allow post-Panamax ships to access Port Newark and Elizabeth-Port Authority Marine Terminal in New Jersey and Howland Hook Marine Terminal in New York.
Port Authority of New York and New Jersey
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where construction crews are building the iconic One World Trade Center, which is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.