“This $21.8-million federal investment in a new bus rapid transit system in the St. Petersburg area will provide residents with better access to employment, health care, educational opportunities, and other important services,” said U.S. Transportation Secretary Elaine L. Chao.
The St. Petersburg project is a 10.3-mile BRT line to be constructed by PSTA from downtown St. Petersburg to St. Pete Beach via the Central Avenue corridor. The total cost of the project is $43.9 million with $21.8 million in funding through FTA’s Capital Investment Grants (CIG) Program.
“FTA is proud to join Pinellas Suncoast Transit Authority in Florida to improve public transportation in St. Petersburg and Pinellas County,” said FTA Acting Administrator K. Jane Williams. “The Central Avenue BRT project will provide fast and efficient service, improving mobility and travel times in this busy corridor. ... This federal investment is an economic boost for Pinellas County, as the project will create jobs and help communities recover from the COVID-19 public health emergency.”
Funding for the Central Avenue BRT project is provided through FTA’s CIG Program, which provides funding for major transit infrastructure projects nationwide. Projects accepted into the program must go through a multi-year, multi-step process according to requirements in law to be eligible for consideration to receive program funds.
FTA has advanced funding for 35 new CIG projects throughout the nation under this administration since January 20, 2017, totaling approximately $8.5 billion in funding commitments. With this funding agreement, this administration has executed 24 CIG funding agreements totaling $5.8 billion in CIG funding.