NYC Gateway Tunnel Expected to Generate $445 Billion for Economy

NYC Gateway Tunnel Expected to Generate $445 Billion for Economy

The long-awaited $16 billion rail tunnel project connecting New York City and New Jersey is expected to provide the national and regional economy with a $445 billion boost.

RPA's new report finds investments in Gateway Program will generate over $445 billion in national and regional economic benefits

Regional Plan Association (RPA) released a comprehensive analysis evaluating the economic benefits of the full build of 11 projects in the Gateway Program. The new report, titled The Economic Promise of the Gateway Program, outlines the need for the complete revitalization and expansion of transit infrastructure between Newark and New York Penn Station to provide more reliable service for millions of rail passengers on one of the busiest railway…