Particle.news
Download on the App Store
12 ARTICLES
·
11mo ago

Maryland to Rebuild Collapsed Baltimore Bridge by 2028 at a Cost of $1.7-$1.9 Billion

The reconstruction follows the tragic collapse in March which killed six, with federal and insurance funds aiding the financial burden.

Genoa's San Giorgio highway bridge seen in July 2022. The bridge replaced the Morandi bridge, which collapsed in August 2018.
BALTIMORE, MARYLAND - MARCH 29: The cargo ship Dali remains trapped under the twisted remains of the Francis Scott Key Bridge, which was destroyed when the ship collided with it earlier this week, on March 29, 2024 in Baltimore, Maryland. Of the road repair crew who were working on the bridge when the ship hit it at 1:30AM Tuesday, two survivors were pulled from the Patapsco River immediately after the collision, while two bodies were pulled from the water on Wednesday and four people remain missing and are presumed dead after the Coast Guard called off rescue efforts. The accident has temporarily closed the Port of Baltimore, one of the largest and busiest on the East Coast of the U.S. (Photo by Chip Somodevilla/Getty Images)
Image
Marine one baltimore bridge

Overview

  • Maryland estimates the cost of rebuilding the Francis Scott Key Bridge at $1.7 to $1.9 billion, aiming for completion by fall 2028.
  • Federal and insurance funds, including a $350 million payout from Chubb, are expected to cover a significant portion of the costs.
  • WeBuild and other companies have submitted proposals for the bridge's reconstruction, emphasizing safety and sustainability.
  • The collapse has significantly impacted Baltimore's port operations, prompting urgent recovery and rebuilding efforts.
  • Legislation is underway to relieve Maryland of the 10% state funding requirement for the project, ensuring full federal financial support.