Terminal revitalization project in NY creates 750 jobs
The George Washington Bridge Bus Terminal in Washington Heights is getting a makeover, courtesy of the Port Authority of New York and New Jersey, who voted on June 30 to green-light an additional $3.2 million toward the $180 million already approved.
The project to improve the 47-year-old terminal is expected to create 750 jobs and quadruple the terminals space.
Funding is coming from the private sector ($100 million) and $83.2 million from the Port Authority.
The project is expected to be completed by 2013.
Developer George Washington Bridge Development Venture LLC is working alongside the port authority to revitalize the terminal and make it a retail destination.
When finished, the space will include 21 new gates, a refurbished waiting area and 125,000 square feet of retail space.
According to GlobeSt.com, opened in 1963, the current GWB Bus Terminal consists of two, three-level buildings directly above the Trans-Manhattan Expressway on the west and east sides of Broadway. It serves between 15,000 to 20,000 commuters daily.
Port Authority chairman David Samson said that along with reducing commute time and streamlining bus operations, the terminal will be putting more than 700 people to work, providing a major boost to the regional economy.
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