December 7th, 2018 by WCBC Radio
Governor Larry Hogan today announced that the U.S. Department of Transportation has awarded $26.6 million in Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants for two major transportation projects in Maryland. A $20 million grant for the Belvidere Road Interchange Project will significantly improve truck access to I-95 to support development at the Principio Business Park in Cecil County, and a $6.6 million grant for the Helen Delich Bentley Port of Baltimore’s Seagirt Marine Terminal, which will deepen a second container berth to allow the Port to handle two supersized container ships simultaneously.
“Our administration is committed to expanding Maryland’s transportation network, and these projects will support thousands of new jobs and spur economic growth and development in every corner of our state,” said Governor Larry Hogan. “I want to thank Secretary Elaine Chao and her team at the U.S. Department of Transportation for working with us to get these critical projects moving.”
The total economic impact of the proposed Belvidere Road interchange is significant, potentially yielding between 8,300 and 10,600 jobs directly related to existing and planned distribution, warehousing, manufacturing, and retail businesses within the Cecil County Principio Enterprise Zone and adjacent development. A $20 million BUILD Transportation Discretionary Grant will support the project, which is a partnership between the Maryland Transportation Authority (MDTA), Cecil County, and Stewart Property Management, Inc., in coordination with the Federal Highway Administration. The Principio Business Park is projected to generate more than $560 million in revenue for Cecil County during the next 20 years. Cecil County listed the proposed I-95/Belvidere Road interchange as its top transportation priority.
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