The Ramsey Country Regional Rail Authority, who is overseeing the project, initially asked for $140 million to further the project. The $35 million comes from the $1.5 billion Transportation Investment Generating Economic Recovery program. This grant program is part of the federal stimulus bill that the government passed in 2009.
The St. Paul Union Depot will connect the Central Cooridor light rail line with other modes of public transportation including the Metro Transit, Greyhound bus line and Amtrak.
Construction should start by the end of 2010. M.A. Mortenson Co. has been pegged to lead the project's development.
To read the full report in the Minneapolis/St. Paul Business Journal click here.
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