PHILADELPHIA, Nov. 15 – State Rep. Pamela A. DeLissio, D-Montgomery/Phila., announced a Commonwealth Financing Authority grant worth $1.7 million has been awarded to the City Avenue Special Services District of Philadelphia.
The grant, via the state’s Multimodal Transportation Fund, will go to the Presidential Boulevard Project, which will reconnect Presidential Boulevard to Monument Road in Philadelphia.
“This will provide safer entrance and exit options to the nearby Target complex,” DeLissio said. “Upon project completion, Presidential Boulevard will connect to City Avenue, Neill Drive and Monument Road, three extremely busy roads which provide access to other destinations in the immediate suburbs and the city. Even though this project is immediately outside the boundaries of the 194th [Legislative District], it will provide tremendous relief to roads utilized by my constituents every single day.”
Other project components include the addition of lighting, drainage improvements, the construction of a bus stop, and the addition of a bicycle and pedestrian path along Presidential Boulevard. The bike and pedestrian path will also help complete the pedestrian link to Fairmount Park, a popular recreational site in Philadelphia.
“I believe projects such as this are precisely why the Multimodal Transportation Fund was created,” DeLissio said. “By supporting local economic development, improving pedestrian and vehicular safety, and encouraging public-private partnerships, this project is a wonderful initiative I am proud to support.”
The total project cost is estimated at $2,715,492.
These grants, among dozens of others statewide, were approved by the Commonwealth Financing Authority to encourage economic development and improved transportation throughout Pennsylvania.