MTA - Metropolitan Transportation Authority

10/11/2024 | Press release | Distributed by Public on 10/11/2024 13:16

MTA To Hold Public Open Houses on the 2025 – 2029 Capital Plan

First Open House at Grand Central Terminal on Oct. 21

View Introductory Video to Capital Plan, 'The Future Rides With Us'

The Metropolitan Transportation Authority (MTA) today announced it will host a series of Open Houses on the 2025 - 2029 Capital Plan. The first Open House will take place at Grand Central's Vanderbilt Hall from 3 - 6 p.m. on Monday, Oct. 21. Members of the public are encouraged to attend to learn more about the plan and speak with MTA leadership.

The Open House will feature an exhibition of informational posters, pamphlets, and videos explaining key elements of the Capital Plan. Agency representatives will also be on hand to discuss career opportunities at the MTA and business opportunities for Minority-, Women-, Disadvantaged-, and Service-Disabled Veteran-owned firms.

The MTA will host additional Open Houses in the operating region throughout the end of the year.

"Every New Yorker depends on the transit system and the 2025 - 2029 Capital Plan adopted by the MTA makes that continue with a historic level of investment to keep the system in good repair," said MTA Chair and CEO Janno Lieber. "With accessibility upgrades, thousands of new railcars, modern signals to make the system more reliable, and more, this plan benefits everyone across the 12 county MTA region."

"The 2025 - 2029 Capital Plan will rebuild and improve New York's transit system to address critical state of good repair needs," said MTA Construction & Development President Jamie Torres-Springer. "Events like this Open House showcase the work we are doing every day at MTA C&D to deliver projects better, faster, and cheaper. It will demonstrate how we will execute the next capital plan with the same efficiency."

The Capital Plan is a historic $68.4 billion investment in the region's subways, buses, railroads, bridges, and tunnels over the next five years that ensures New Yorkers continue to have access to reliable, accessible, and sustainable transit. It includes targeted investments to rebuild, improve, and expand the MTA system. It will enable the MTA to continue to provide frequent and reliable service by putting the system on a path to state of good repair, including investments in railcars, power, and signals. The plan will also improve the customer experience, with investments in accessibility, stations, and modern fare gates, and take action on climate change, including resilience and sustainability initiatives. The 2025-2029 Capital Plan builds on the most detailed system-wide evaluation the MTA has ever undertaken, the Twenty-Year Needs Assessment.