Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Power Up Virginia 500
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Power Up Virginia 500
    • Read The Issue
    • Order a copy
    • Buy an award plaque
    • Suggest execs for 2022

Advertisement

Header Primary Menu

  • Issues
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Power Up Virginia 500
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Power Up Virginia 500
    • Read The Issue
    • Order a copy
    • Buy an award plaque
    • Suggest execs for 2022

Home News latest news Greater Richmond Transit Co. receives $24.9 million federal grant for bus rapid transit system

Greater Richmond Transit Co. receives $24.9 million federal grant for bus rapid transit system

Published September 9, 2014 by Veronica Garabelli

Rendering courtesy RVA Rapid Transit.

Two organizations have been awarded highly competitive grants from the U.S. Department of Transportation (USDOT) to support construction projects, according to U.S. Sen. Mark Warner’s office.


The Greater Richmond Transit Co. (GRTC) was awarded a $24.9 million Transportation Investment Generating Economic Recovery (TIGER) grant to build a bus rapid transit line from Willow Lawn in Henrico County to Rocketts Landing in Richmond’s East End. The money for the 7.6-mile line will be matched with state and local funds. According to GRTC’s Website, the total project has an estimated price tag of almost $54 million and would include 14 stations and over three miles of dedicated travel lanes for buses.


“This grant will allow GRTC to strengthen transit links across the regional economy, improving greater access to job opportunities for area residents and promoting economic development along a critical stretch of the Broad Street corridor,” Warner said in the statement.


The Port of Virginia also has received a $15 million TIGER grant for construction of the Norfolk International Terminal Intermodal Gate Complex and Interstate 564 Connector project.  The project aims to improve the daily commute for thousands in Hampton Roads by lightening congestion on Hampton and Terminal Boulevards in Norfolk.


In FY 2014, USDOT’s TIGER program received 797 applications requesting a total of $9.5 billion in federal grants. That’s 15 times more than the $600 million set aside for the program which funds significant transportation projects in the U.S.

Related Stories

Virginia Business logo

Botetourt County breaks ground on shell building

Virginia Business logo

Eldor opens auto-parts plant in Botetourt County

Virginia Business logo

Private equity firm acquires Herndon tech company

Thoma Bravo buys Exostar; transaction amount not disclosed

Trending

Va. Beach honors Ramon W. Breeden Jr.

Caesars ups Danville casino investment to $650M

CarLotz to merge with San Francisco’s Shift

Restoration Bioproducts to build $5.8M biochar plant

Axios to be sold to Cox Enterprises for $525M

Sponsored Stories

Creating An Urban Destination in Chesapeake

5 surprising facts employers should know about voluntary benefits

What Supply Chain Problems should you be planning for in 2023?

Advertisement

Advertisement

Trending

Va. Beach honors Ramon W. Breeden Jr.

Caesars ups Danville casino investment to $650M

CarLotz to merge with San Francisco’s Shift

Restoration Bioproducts to build $5.8M biochar plant

Axios to be sold to Cox Enterprises for $525M

Sponsored Stories

Creating An Urban Destination in Chesapeake

5 surprising facts employers should know about voluntary benefits

What Supply Chain Problems should you be planning for in 2023?

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2022 Virginia Business. All rights reserved.

Site Maintained by TechArk