RALEIGH — The City of Raleigh still needs $21.75 million more to build its planned $73 million replacement for its cramped Amtrak depot, Mitchell Silver, the city planning director, said Tuesday.
The station will be built in a renovated warehouse at 510 W. Martin Street, in the downtown warehouse district.
Silver said he had erred Monday when he said the most recent federal funding brings Raleigh to within about $16.5 million of the total needed for the Union Station project. In that calculation, he inadvertently counted the most recent $5.5 million federal award twice.
We have to be very clear and communicate the right numbers, Silver said.
A more careful accounting shows that Raleigh has secured $51.25 million of the estimated $73 million project cost, Silver said, so another $21.75 million is still needed.
The Union Station money raised so far comes from these sources, Silver and state DOT Rail Director Paul Worley said:
• $26.5 million in a U.S. Department of Transportation grant originally awarded in 2012, which includes an additional $5.5 million announced Monday.
• $10 million in a separate U.S. DOT grant announced Sept. 4.
• $9 million from the state Department of Transportation.
• $5.75 million in city money.