Port of Long Beach breaks ground on billion-dollar Gerald Desmond Bridge replacement (Daily News)

January 8, 2013 – Federal, state, city and port officials celebrated the groundbreaking Tuesday of a $1 billion project to replace the aging Gerald Desmond Bridge, considered the biggest bridge project in Southern California. Built in 1968, the Gerald Desmond Bridge links Terminal Island and the Long Beach (710) Freeway for the nation’s trade system, with nearly 15 percent of the nation’s waterborne cargo traveling on it. If the new bridge is renamed, it will likely be up to the state, which is contributing the most funding to the project with $500 million, Port of Long Beach (Aa2 / 542424RR9) officials said.

Link to Full Article: http://www.dailynews.com/news/ci_22333647/ceremony-marks-start-work-gerald-desmond-bridge-replacement

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s