Intermodal Transportation Building Project

Project overview

Borough of Carteret is the recipient of a $5,613,489 FY 2024 RAISE grant for Intermodal Transportation Building Project in Borough of Cateret, NJ.

Scope

This project will fund the construction of an approximate 50,000 square-foot intermodal transportation building with three full stories on approximately 8.67 acres at its waterfront. The project site will include a mixed-use intermodal transportation center consisting of a passenger terminal and Port Authority office space. The project site will also connect to a 20-foot-wide elevated pedestrian boardwalk, fixed pier, floating docks, wave screen, and handicap access ramp.

Project type

Multimodal transportation — capital award

Reported investment / scope

Total project cost not established by this entry

Funding sources

FY 2024 RAISE capital award: $5,613,489 federal grant

Delivery method

Not available

Organizations involved

Owner / developer

Borough of Carteret

Developer

Not available

Engineering firm / architect

Not available

General contractor / construction manager

Not available

EPC contractor

Not available

Technology / equipment providers

Not available

Financial sponsor

Not available

Other recorded participants

Not available

Business opportunities

Not verified

Current procurement record

Not available

Upcoming procurement

Not available

Contract / package value

Not available

Supplier / subcontractor opportunities

Not available

Workforce requirements

Not available

Check official project / procurement portal ↗

A project listing is not an open solicitation. Check the source for eligibility, current status, closing time and addenda.

Timeline & key dates

Expected procurement

Not available

Construction start

December 2024 — estimate in FY 2024 award fact sheet; not reconfirmed

Estimated completion

Not confirmed

Dated milestones

Not available

Permitting

Not available

Recent project updates

FY 2024 RAISE capital award. The source documents a 2024 grant award, not a current construction or tender update. Award amount is the federal grant, not total project cost. Current delivery status and procurement availability have not been independently confirmed.

Challenges / risks

Award record does not confirm current project status, full funding or availability of contracts.

Related intelligence

No verified record associations have been entered for this project yet.

Connections use recorded entity IDs and public evidence. Shared keywords do not establish a relationship.

Additional project record

Borough of Carteret is the recipient of a $5,613,489 FY 2024 RAISE grant for Intermodal Transportation Building Project in Borough of Cateret, NJ.

This project will fund the construction of an approximate 50,000 square-foot intermodal transportation building with three full stories on approximately 8.67 acres at its waterfront. The project site will include a mixed-use intermodal transportation center consisting of a passenger terminal and Port Authority office space. The project site will also connect to a 20-foot-wide elevated pedestrian boardwalk, fixed pier, floating docks, wave screen, and handicap access ramp.

Award record: FY 2024 RAISE capital award. Federal grant: $5,613,489. Recipient: Borough of Carteret. Location: Borough of Cateret, NJ: New Jersey.

Construction start: December 2024 — estimate in FY 2024 award fact sheet; not reconfirmed. Completion, contractor, designer and current bid deadlines are not confirmed in this entry.

The source documents a 2024 grant award, not a current construction or tender update. Award amount is the federal grant, not total project cost. Current delivery status and procurement availability have not been independently confirmed.

Official USDOT award fact sheet, page 104. Award record reviewed October 24, 2026.