Union Station: Raleigh's Multi-Modal Transit Center
The Raleigh Union Station is a joint initiative of the North Carolina Department of Transportation Rail Division and the City of Raleigh. The project will be constructed in a series of phases. The first phase, which includes the renovation of the Dillon Supply Company Warehouse (Viaduct Building) located at 510 West Martin Street into a passenger rail facility and the associated rail infrastructure to support it, is scheduled to start construction in early 2015 with the station Grand Opening scheduled for 2017.
The latest published estimate of the project puts the Phase I total at $73 million. Current funding for the project totals $66.25 million and is made possible by a series of federal grants, and state & local matches. The City’s contribution to the construction is $5.75 million.
It is estimated that the project will create 143 short-term jobs creating $4.08 million in short-term salaries and an additional $5.53 million in indirect impacts as a result of what is referred to as the “multiplier effect” resulting from household expenditures within the region. The construction of private transit-oriented development (TOD) is projected to create a total of 44,500 short-term and indirect jobs over a 10 year period.
Funding for Phase I of Raleigh Union Station is made possible by a series of grants and local and state contributions for both planning and capital improvements:
- Federal Railroad Administration Planning Grant for 25% Station Design: $466,075
- North Carolina Department of Transportation Planning Grant Matching Funds: $250,000
- City of Raleigh Planning Grant Matching Funds: $250,000
- 2012 Transportation Investment Generating Economic Recovery (TIGER) Discretionary Grant: $26,500,000
- 2013 Transportation Investment Generating Economic Recovery (TIGER) Discretionary Grant: $10,000,000
- Federal Railroad Administration American Recovery and Reinvestment (ARRA) Piedmont Improvement Program redirected funds: $15,000,000
- North Carolina Department of Transportation TIGER 2012 Matching funds: $9,000,000
- City of Raleigh Matching and Allocated Funds: $5,750,000
City of Raleigh and its state and federal project partners continue to
seek funding for full Phase I implementation. Current funding allows for
the movement of passenger rail service from the existing station into
the renovated Viaduct Building, a suite of site improvements, and the
supporting rail infrastructure.
Subsequent phases of Union Station will include connections to:
bus and parking, commuter rail and light rail, along with facilities for taxis, bicyclists, and pedestrians.
Construction of the rail infrastructure improvements will begin in late 2014. Station operations are anticipated in the new Raleigh Union Station in 2017.
In September 2013, the City of Raleigh received notice that it was successful in its second bid for a grant from the USDOT to fund Phase I of the Raleigh Union Station. The funds include a $10 million award from the TIGER 2013 program to supplement the previous TIGER 2012 award of $26.5 million.
The TIGER grant program provides a unique opportunity for the U.S. Department of Transportation to invest in road, rail, transit and port projects that promise to achieve critical national objectives. The TIGER program enables USDOT to use a rigorous process to select projects with exceptional benefits, explore ways to deliver projects faster and save on construction costs, and make investments in our Nation's infrastructure that make communities more livable and sustainable.
The City of Raleigh was one of 600 applicants and only one of 52 awardees for the fifth round of TIGER funding. The $10 million grant award will assist in Phase I implementation and will include the renovation of the Viaduct Building and additional rail and site improvements.
The City of Raleigh has allocated $6 million to the project- $3 million of which are from the 2010 Transportation Bond. The North Carolina Department of Transportation has contributed $9 million in matching funds and has facilitated the redirection of $15 million dollars to the project. Alternate funding sources are currently under development to allow the completion of the station.