The Massachusetts Department of Transportation’s Board of Directors has voted to designate $16.5 million to the Springfield Redevelopment Authority to complete the funding package necessary to fully finance the first phase of the redevelopment of Springfield’s Union Station.
With these additional funds pledged by MassDOT, the Springfield Redevelopment Authority, the owner and designated developer of the historic train station, has now secured $65.7 million, the amount necessary to complete phase one. Phase one consists of construction of a 26-bay open air bus terminal for regional and intercity bus service, construction of a four-level parking garage, and a complete renovation of the 37,000 square foot of the train terminal’s first floor, which includes new ticketing and waiting space, and concessions and retail space.
“Springfield is located at a strategic crossroads for both north-south and east-west interstate highway and railroad corridors in a key region of the Commonwealth,” said Richard A. Davey, MassDOT Secretary and CEO. “With these additional resources, the city of Springfield is guaranteed that its potential as a major regional mobility hub will be realized.”
The project, which got under way in August 2010, is expected to be complete by July 2016.
A second phase planned for the station would renovate the upper two floors of the terminal building, and would create an additional 64,000 square feet of commercial/retail space. This phase also includes additional expansion of the parking garage by 120 spaces.
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