Governor Deval Patrick today visited North Reading to highlight his plan to invest in local and regional transportation to support long-term economic development across the Commonwealth.
The Patrick-Murray Administration’s 21st Century Transportation Plan, The Way Forward, includes an additional $1 billion annual investment in the Commonwealth’s transportation system.
Among the most significant regional investments is the $320 million reconstruction of the I-93/I-95 interchange in Reading, Woburn, Stoneham and Wakefield, the busiest interchange in the Commonwealth. The rebuild will improve safety and convenience for thousands of commuters each day.
The plan also calls for the rehabilitation of the Main Street Bridge in North Reading, construction of the Ballardvale Street Bridge in Wilmington and the resurfacing of Route 133 in Essex and Ipswich, Route 113 in West Newbury and Route 38 in Wilmington. In addition, it boosts Chapter 90 funds used for local road and bridge construction from $200 million to $300 million annually statewide.
The 21st Century Transportation Plan allocates the majority of funds to maintain the current transportation assets in place today, while also launching a number of strategic, high-impact transportation projects across Massachusetts that will create thousands of jobs and spur economic development across the Commonwealth.