NEW ORLEANS, LA (WVUE) - The City of New Orleans announced today that the United States Department of Transportation has awarded the Regional Transit Authority more than $10 million in grant funding to develop a new ferry terminal at the end of Canal Street through the Obama's Administration's Transportation Investment Generating Economic Recovery VII (TIGER) competitive grant program.
City leaders say the New Orleans Canal Street Ferry Terminal project will further anchor the redevelopment and revitalization along the Mississippi River as part of the city's 300th anniversary in 2018.
"The ferry system in New Orleans is a treasured institution and strong economic driver for our region," said New Orleans Mayor Mitch Landrieu. "This brand new facility will stimulate economic development for our city along the Mississippi River and ensures this vital transportation resource will continue to serve residents on both banks river into the future."
In addition to a new ferry terminal, the New Orleans Canal Street Ferry Terminal project will include streetcar access to the New Orleans Convention Center, double ferry dock capacity, more convenient bus bay access as well as an expanded RTA bus fleet.
According to Mayor Landrieu, replacing the current terminal with a new, state-of-the-art facility will provide enhanced amenities and pedestrian access to the city's Riverfront area for both residents and tourists.
Transdev Services commenced operations of the Algiers Point-Canal Street Ferry and the Algiers-Chalmette Ferry on Sunday, February 16, 2014. Transdev Services also operates the Regional Transit Authority's transit system in New Orleans which includes bus, streetcar, and paratransit services.
In April of 2015, the Department of Transporation announced that $500 million would be made available for the TIGER grant program to fund transportation projects across the country.
The goal was to focus on projects that generate economic development and improve access to reliable, safe and affordable transportation for disconnected communities both urban and rural, while emphasizing improved connection to employment, education, services and other opportunities, workforce development, or community revitalization.