From the article:
"Project of the Year awards are given in five categories covering strategy, financing, engineering, job creation and the environment. All projects have specific business opportunities to be realized in the next three to 18 months.East Side Access has gained quite a lot of awards and recognition in its slow climb to nearly being one of the most expensive and drawn out capital construction projects in the world (though I think the Second Avenue Subway has a comfortable hold on that title).
"The winners – announced at the 5th Annual North American Strategic Infrastructure Leadership Forum at the historic Mayflower Renaissance Hotel in Washington, D.C. – are as follows:
" The $8.2 billion East Side Access project in New York and the $1.5 billion Louisiana International Gulf Transfer Terminal (LIGTT) tied for the Strategic Project of the Year for their potential to generate a historic leap in a country or region's productivity and/or competitiveness.
"The East Side Access project will connect the Long Island Rail Road's (LIRR) Main and Port Washington lines in Queens to a new LIRR terminal beneath Grand Central Terminal in Manhattan. The new connection will increase the LIRR's capacity into Manhattan, and dramatically shorten travel time for Long Island and eastern Queens commuters traveling to the east side of Manhattan."
East Side Access will certainly generate a historic leap in this region's productivity, as it will shave commute times off of countless LIRR riders.
ESA is a pretty amazing project, and it will be a magnificent site when it's all said and done:
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| One of two huge caverns excavated deep below Manhattan (Photo credit: MTA Flickr) |
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