Today the U.S. Dept. of Transportation announced that Indiana will receive two grants including $20 million for the replacement of the Milton-Madison Bridge and $20.5 million for the Indianapolis Cultural Trail. The grants are part of a larger $1.5 billion in TIGER grant funding for over 50 high-priority, innovative transportation projects across the country. The grants are funded by the American Recovery and Reinvestment Act and seek to foster job creation and economic development while promoting communities that are safer, cleaner and more livable.
The Milton-Madison Bridge Replacement Project, supported by both Kentucky and Indiana, will replace the existing Milton-Madison Bridge (US 421) which has become structurally deficient and functionally obsolete and estimated to have less than 10 years of serviceable life left. The bridge will provide a vital link between the communities of Madison, Indiana and Milton, Kentucky and provide benefits in an economically distressed community.
The Indianapolis Cultural Trail is a revitalized eight-mile bicycle and pedestrian network in downtown Indianapolis that will connect the downtown districts of Mass Avenue, Indiana Avenue, the Canal Walk and White River State Park, the Wholesale District, and Fountain Square. The network will foster sustainability and improve livability by connecting commercial, residential and cultural venues in Indianapolis. These improvements are expected to boost downtown revenue as well as encourage healthier lifestyles.