The meeting involved solidifying a commitment for federal funding, according to the mayor’s website. The Federal Transit Administration will fund 50 percent of the project, $745.2 million.
The light rail project will link downtown Portland to inner Southeast Portland, Milwaukie, and North Clackamas, according to officials. Besides the rail, plans call for large-scale infrastructure improvements such as a new Orange Max Line, a multi-modal bridge across the Willamette River, and miles of new biking and walking trails, the mayor said.
The light rail project has already bolstered employment. Trimet reports that of May 10, contractors have created 1,439 jobs, the mayor said. In addition, an estimated 1,137 indirect and induced jobs have been created as of the end of April. The rail line is expected to open in 2015.
–Photo by ckeech, Flickr Creative Commons