Tiger grant paves way for new Cortex MetroLink station
Sep 9, 2014, 1:18pm CDT UPDATED: Sep 9, 2014, 1:38pm CDT
A partial aerial of CORTEX - St. Louis' emerging innovation district.
More than $10 million in federal funding will help MetroLink build a new station for the Cortex innovation district at the intersection of Boyle Avenue and Sarah Street.
Metro will receive $10.3 million through the federal Transportation Investment Generating Economic Recovery (Tiger) grant program, which helps fund transportation projects across the country and was announced Tuesday.
That funding will cover a majority of the projected $12.9 million project cost, according to Metro Transit’s Tiger application. The rest of the money is expected to come from matching sources that have already committed but haven’t been disclosed.
The funding is a big win for Cortex officials. Dennis Lower, president and CEO of Cortex, said a MetroLink station that feeds directly into Cortex is essential for achieving Cortex’s goal to be an international standard for innovation communities.
He called the funding a “game changer” for the Cortex district.
“This allows us to add a very important magnetic amenity to the district and continue to appeal to the workforce that prefers an urban environment,” he said. “It also advances our recruitment activity for future businesses.”
Lower said he hopes for the station to be operational by the end of 2016 or early 2017.
U.S. Senator Claire McCaskill said the funding means more jobs and economic opportunities for the St. Louis area.
The station is initially envisioned as a single-center platform with direct pedestrian access to the Cortex Commons. The station would accommodate nearly 900 total riders per day from the get-go and as many as 2,000 per day by 2035, according to a feasibility study paid for by the Citizens for Modern Transit and researched by Bernardin, Lochmueller & Associates.
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