Date: Aug 09, 2011
Press Release Number: 70-2011
PlanSmart NJ, a statewide planning and research non-profit organization, today issued a statement commending the Port Authority of NY/NJ for its decision to raise the Bayonne Bridge and make other needed investments in northern New Jersey’s infrastructure. PlanSmart NJ recognizes that the Port Authority of NY/NJ needs to raise new sources of revenue in order to create new jobs and make our region economically competitive.
Lucy Vandenberg, PlanSmart NJ’s Executive Director, stated, “Now is the time for the Port Authority of NY/NJ to make the investments in our regional infrastructure that will create jobs, improve New Jersey residents’ safety and security, and foster economic growth. PlanSmart NJ recognizes that increased revenues are essential to making these critical infrastructure investments in our region’s transportation system.”
Ms. Vandenberg further noted, “In fact, we are presenting the Port Authority of NY/NJ with our prestigious statewide Economic Development Achievement Award at our November 2011 Annual Dinner for their investment in the Bayonne Bridge, a project which is expected to generate $3.3 billion in economic benefit nationally.”
The Port Authority of NY/NJ is proposing a $33 billion capital program, which will create 185,633 jobs, $10.8 billion in wages and $42.7 billion in sales in the affected 17-county New York/New Jersey Port District. In addition to the Bayonne Bridge project, the capital program will make possible the following critical transportation projects:
o Replacement of the Lincoln Tunnel circular roadway entering the tunnel (known as the “helix”) to prevent long-term lane closures and delays and ensure safe conditions. This improvement will shorten commutes by up to 45 minutes during peak hours.
PlanSmart NJ, founded in 1968, is an independent, non-profit planning and research organization committed to improving the quality of community life through the advancement of sound land use planning and regional cooperation. PlanSmart NJ aims to revitalize New Jersey’s landscape so that our state’s citizens benefit from a sustainable economy and environment, based on resource efficiency and social equity.
PlanSmart NJ, 118 West State Street, Trenton, NJ 08608
The Port Authority of New York and New Jersey
Steve Coleman or Ron Marsico, 212 435-7777