“When the Hudson Tunnel Project is complete it will deliver 21^st century transportation reliability for millions of passengers. Today it is delivering good jobs for workers and new business for American companies,” said GDC CEO Tom Prendergast. “Every time we launch work on a new construction site for this megaproject, we have a major positive impact on the economy. It’s essential that we keep up the forward momentum and remain vigilant about its scope, schedule, and budget.”

The jobs and economic impact from investing in the HTP overwhelmingly benefits domestic workers and businesses, with 94% of the $2.2 billion in capital spending from active construction expected to remain within the United States. Moreover, construction in the New York metro region is supporting labor income across the country. Every $10 spent on direct labor for the first five contracts supports $17 in wages and benefits nationwide.

Some of the highlights of the report included:

• A new analysis shows the first five Hudson Tunnel Project contracts under active construction are supporting 20,200 direct, indirect, and induced full-time equivalent (FTE) equivalent workers while generating $4.5 billion in economic output and $1.7 billion in labor income.
• The project’s major economic impact will overwhelmingly benefit the American economy and domestic workers and businesses. Roughly 94% of the over $2.2 billion in total capital spending on these contracts is expected to be sourced within the United States.
• Investing in reliable transportation along the Northeast Corridor will not only strengthen the region that powers the American economy, but will benefit workers well beyond the project area. Every $10 spent on direct labor for the first five contracts supports more than $17 in wages and benefits across the country.
• This latest study analyzing the Gateway Development Commission’s activity in the two years since the Hudson Tunnel Project’s groundbreaking supports a previous projection quantifying the impact over the full duration of construction. A 2024 report found that total construction will support 95,000 jobs (FTEs) and generate $19.6 billion in economic activity.

The report noted that the HTP has fully entered the construction delivery phase. The first package of work on the Tonnelle Avenue Project is expected to conclude before the end of 2025, creating access for the TBMs to begin excavation and the alignment for the tunnel’s tracks to reach the Palisades.

The report concluded “As ground breaks on each new contract for this once-in-a-generation project, the kitchen table benefits grow by orders of magnitude. These first five contracts will enable major construction over the next 13 years, as GDC sets the stage for tunneling under the Hudson River and building a viaduct, fan plants, railroad bridges, and much more. Current and future construction will continue to drum up business for domestic suppliers and manufacturers, generate good-paying jobs with strong benefits, and increase household income for hardworking Americans interconnected by the HTP’s broad-based opportunities. By the time construction is complete and the new tunnel is serving riders with fast and reliable transportation, the investment in the HTP will have already paid for itself.”