SVTC Project Matrix Key
No. 8

MPMS #: 74802

PROJECT: Norristown Parking Facility at Main and Cherry Streets

MUNICIPALITIES: Norristown

START YEAR: 2005

END YEAR: 2006 (additional funding will follow)

DESCRIPTION: This project will help fund the construction of the Norristown parking garage, a new 500 space parking facility at the corner of Main and Cherry Streets in Norristown. Preconstruction activities and the balance of the construction costs are being funded by Montgomery County through a variety of sources, and construction is estimated at approximately $10.5 million. The SAFETEA LU earmark for this project totaled $2 million federal funds. Only the FY05 and FY06 portion of the earmark are indicated below in the active TIP period. The balance of the earmark is noted in Later Fiscal Years to indicate all funds available to the project.