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Home›Business & Finance›Funds secured for Staten Island dredging project
Business & Finance

October 28, 2022 · about 3 years ago

Funds secured for Staten Island dredging project

Congresswoman Nicole Malliotakis has announced that the Empire State Development Corporation will be awarded a $48 million federal grant to fund a dredging project in Staten Island’s Arthur Kill Terminal to make way for an offshore wind staging and assembly facility. The funds were secured through t

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Funds secured for Staten Island dredging project
Cashman Dredging

Congresswoman Nicole Malliotakis has announced that the Empire State Development Corporation will be awarded a $48 million federal grant to fund a dredging project in Staten Island’s Arthur Kill Terminal to make way for an offshore wind staging and assembly facility.

The funds were secured through the Bipartisan Infrastructure Law and the Consolidated Appropriations Act of 2022.

“Not only will this project pave the way for wind farms that will generate power for almost two million homes in New York and New Jersey, but it will also create hundreds of good-paying union jobs, and inject an estimated $410 million into our local economy during construction, and upon completion will create thousands more jobs and generate $750 million for our economy,” Malliotakis said.

This grant is being awarded under the Port Infrastructure Development Program (PIDP) which provides funding for projects that improve the safety, efficiency, or reliability of the movement of goods into, out of, around, or within a port.

Specifically, these funds will be used to dredge approximately 740,000 cubic yards to create a thirty-five-foot-deep ship basin to support further development of an offshore wind staging and assembly facility.

The staging and assembly facility will contain 32 acres of upland area, a 1,365-foot-long wharf with an adjacent laydown area that has enhanced load-bearing capacity, and two “program” areas (a tenant area consisting of a 15,266-square-foot combined warehouse and office building and a project owner’s area consisting of a 4,200-square-foot office building).

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