The long-awaited Interstate Bridge Replacement project received a significant shot in the arm on Friday with a $1.499 billion grant from the Federal Highway Administration's Bridge Investment Program. This substantial funding adds to the $600 million awarded earlier this year through the U.S. Department of Transportation's Mega grant program.

"This is the biggest single federal investment we've secured so far," declared Greg Johnson, the Interstate Bridge Replacement (IBR) program administrator, in a Friday interview.

Johnson interprets this as a strong signal of trust from the U.S. Department of Transportation. "Our focus on equity, climate, and creating a multimodal corridor aligns perfectly with their priorities for infrastructure investment," he elaborated. "This is a clear vote of confidence in our approach."

The IBR program is aiming for a combined total of over $2.5 billion in federal grants, alongside $1 billion contributions from each state (Oregon and Washington) and additional funding from tolls. This ambitious project carries a hefty price tag of $6 billion, which is expected to rise over time.

Oregon Governor Tina Kotek expressed her enthusiasm, stating, "This is a fantastic development for Oregon. This influx of federal funds will not only propel regional and national economic growth but also create local jobs and wider workforce opportunities. Building a multimodal bridge aligns with our state's, the region's, and the nation's goals of reducing carbon emissions and mitigating climate change."

The funding will primarily go towards the initial construction phase—the bridge itself. A subsequent phase will encompass extensive highway expansions and connections within both states.

Washington Governor Jay Inslee, in a press release, acknowledged the tireless work of "our Oregon partners and ourselves" in demonstrating a unified commitment to deliver this project for the benefit of both states and the nation.

The next major milestone is finalizing a draft supplemental environmental impact statement. This crucial document will trigger a public comment period, paving the way for a record of decision, potentially as early as fall 2025.

Johnson concluded by expressing gratitude to Oregon and Washington's congressional delegations, along businesses on both sides of the Columbia River, who have been instrumental in garnering support for this monumental undertaking. "Collaboration is key," he emphasized, "this wouldn't be possible in isolation."