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Besides the lower projects costs, which resulted in part due to project planning and engineering enhancements, other significant changes under the revised plan include Amtrak increasing its funding commitment from $704 million to $1.282 billion as part of the updated tunnel plan.
The $5.5-million sale for the 4,350-square-foot freestanding property features a 15-year triple-net lease with options to extend. The property was acquired by an affiliate of Bayrock Investment Co. of Charlotte, NC.