Port of Pittsburgh eyes $580M in stimulus money
The Port of Pittsburgh Commission said it has identified more than $580 million in shovel-ready project work in the region that could qualify for funding in a national economic stimulus package.
The projects, which include lock and dam improvements along the region's waterways, all could be started in six months and include $430 million in work that could be completed in two years, said James McCarville, the commission's executive director.
That would mean they would qualify under two criteria commonly discussed for a possible stimulus package, he said.
The largest share of the money would be applied to the Lower Monongahela Improvement Project for Locks and Dams 2-3-4, a project five years behind its original projected 2004 completion date. Without the stimulus support, the project won't be completed until 2019-2022, McCarville said.
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