The United States Department of Transportation has awarded the City of Raleigh another $5.5 million in federal funds to go toward the Union Station project in downtown. This comes on top of another $10 million awarded earlier this month by the DOT.
The first phase of the new station will be located at 510 West Martin Street in the existing Dillon Supply warehouse. Construction could begin as early as 2015 and be completed as early as 2017.
The city voted in May to ask for more federal help to pay for the project. The plan is for the station to house Amtrak, Greyhound, high speed, regional and light rail, as well as some of Capital Area Transit's services.
The station would replace the current Amtrak station on Cabarrus Street.
Will Allen, the chair of the city's Passenger Rail Task Force, said the additional funds will be helpful.
"This is a huge help, to moving us to the end of the design phase and the beginning of the construction phase," said Allen.
But the city still needs $21.7 millions more.
A July presentation by Craig Newton of the North Carolina Department of Transportation's Rail Division put the total cost at $73 million, but that would depend on how much funding the project received.
Future funds could come from the state, the federal government or, as a last resort, the city.
"Completing a new Union Station is an important investment that will bring economic development to the City of Raleigh and improve the lives of commuters and tourists who utilize the rail facilities everyday at one of the Southeast's busiest stations," Sen. Kay Hagan said recently.
"This transformational project is a cornerstone for Raleigh's growing transportation network and will be an important public space in our historic Warehouse District," Mayor Nancy McFarlane previously said.