Posted on March 17, 2016
By Carole Hawkins, Daily Record
The Port of Jacksonville will begin deepening its shipping channel in early 2017, port CEO Brian Taylor said Tuesday.
The money to start the first phase of dredging isn’t in place yet. But it’s close.
The Florida Department of Transportation’s five-year work program calls for the port to receive $35.5 million of the $40 million needed for Phase One over the next two years.
Taylor was not specific about a source for the rest, but said he is “very confident there will be funding to get it started” in early 2017, based on “conversations with others.”
The entire project will cost $684.2 million and is expected to take five or six years.
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