PSN - MPA Delivery Partners Selected for Hudson Tunnel Project The Most Urgent Infrastructure Project in the U.S. | Benzinga
CHANTILLY, Va., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), as part of the Mace-Parsons-Arcadis (MPA Delivery Partners) joint venture, announced today that the team has been selected by the Gateway Development Commission (GDC) as the delivery partner for the $16 billion Hudson Tunnel Project (HTP). Together, the firms will coordinate among all stakeholders, contractors, and consultants to ensure that the project satisfies GDC's requirements.
The Hudson Tunnel Project will improve capacity, reliability, and resiliency of commuter and intercity rail transit on the busiest section of the Northeast Corridor, which serves 800,000 daily passengers from Washington, D.C. to New York, New Jersey, and New England. A milestone project supported by the bipartisan Infrastructure Investment and Jobs Act (IIJA), the project is slated to receive nearly $12 billion in federal funding, the largest investment in a mass transit project in modern history.
"The Hudson Tunnel Project is a critical, once-in-a-generation effort that will embody the excellence of our nation's future infrastructure," said Mark Fialkowski, president, North America Infrastructure for Parsons. "We look forward to partnering with the Gateway Development Commission on unlocking the full economic and societal potential of the Hudson Tunnel Project. As Parsons has done for 80 years, we're ready to continue imagining and delivering the future of transportation in New York and New Jersey."
Mace Group Deputy Chief Executive Officer, Jason Millett said, "We are honored to have been appointed by the GDC to play such a key a role on this historic ...