Work on Roughly $430M I-95 Cap Project Starts Officially with Ceremonial Groundbreaking

By

Artist's rendering of I-95 Cap Project
Image via CBS3.
Work on the roughly $430 million I-95 cap project officially began on Wednesday with a ceremonial groundbreaking after eight years in preparation.

Work on the roughly $430 million I-95 cap project officially began on Wednesday with a ceremonial groundbreaking after eight years in preparation, writes Paul Schwedelson for the Philadelphia Business Journal.

The I-95 cap and the accompanying Park at Penn’s Landing, which will span from Front Street to the Delaware River, will take four to six years to complete.

The project is a game-changer for the city, said Delaware River Waterfront Corp. President Joe Forkin.

“It’s almost incomprehensible still to think that Philadelphia is the recipient of an over $400 million transformational project on the waterfront that is going to heal such an old wound, the disconnection of the waterfront from the historic core of the city,” he added.

The project will be constructed in two phases. The first phase will encompass the construction of the structure above I-95. This part is projected to cost $328.9 million.

Afterward, the $100 million park with playgrounds, a pavilion, a restaurant, and an amphitheater, among other amenities, will be built above it.

The original start of construction was delayed due to the I-95 collapse in June.

Read more about the I-95 cap in the Philadelphia Business Journal.

________

Stay Connected, Stay Informed

Subscribe for great stories in your community!

"*" indicates required fields

Hidden
MT Yes
This field is for validation purposes and should be left unchanged.
Advertisement