
Don’t expect the final version of the Fulton St. project to look like this. (Source: MTA Capital Construction)
That pesky Fulton St. Transit Hub. Years behind schedule and beset with fiscal problems, this expansive project designed to unite all of the subway lines in Lower Manhattan may be reaching a breaking point. In fact, MTA officials are going to meet early this week to debate the project’s future, according to a report in Monday’s New York Sun.
Jared Irmas has more:
The Metropolitan Transportation Authority will meet today to reassess plans for construction of the Fulton Street Transit Center, after a request for construction bids this month attracted just one proposal, which was over budget. Originally envisioned as a downtown Grand Central Terminal, the Fulton Street center was to connect 12 subway lines and house a 23,000-square-foot shopping center under a glass dome. But since ground was broken in 2005, construction on the new facility, slated for completion last month, has been hampered by several delays and budget overruns. Projected costs have increased to $888 million from $750 million, the height of the dome has been reduced by 30 feet, and the planned end of construction has been pushed back to late 2009.
New plans could include scrapping some design elements and building a less elaborate “public plaza,” the executive director of the Permanent Citizens Advisory Committee to the MTA, William Henderson, said in a telephone interview.
This transit hub project has been the source of numerous problems for the MTA. Chief among them are cost overruns. While the federal government is picking up most of this project, the MTA is responsible for cost overruns. Every time this project is delayed — and it’s now a few years behind schedule — the costs increase.
The Sun reports that the MTA declined to comment for the article, and I don’t blame them. I’m not quite sure where the MTA could go from here. They have to finish the project some time soon, and the project Web site gives an estimated completion date of this year. But to what extent should they scale down their plans? We don’t want to settle for some ugly, boxy structure leaving its mark on Lower Manhattan, but we shouldn’t expect the MTA to over-stretch itself fiscally. Decisions, decisions, decisions.
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