Published on July 12, 2024
The U.S. Department of Transportation on Friday awarded $242 million from the Bipartisan Infrastructure Law to help cover the cost of replacing the Cape Fear Memorial Bridge, Governor Roy Cooper's office announced.
The grant represents about half of the current estimated cost of $485 million for the project.
Mayor Bill Saffo released the follow statement regarding announcement:
“The Cape Fear Memorial Bridge is an essential connection between Wilmington and the world, not only for residents and visitors but also the resilience of America’s supply chain and national security. Today’s historic announcement of $242 million from the Bipartisan Infrastructure Law toward replacing this bridge was only made possible through the shared commitment of federal, state, and local leaders. Securing a fully funded bridge replacement remains a top priority for the City of Wilmington and our MPO. I have great confidence in our community, our elected representatives, and our state and federal administrations to build on this investment and deliver a vital piece of transportation infrastructure for generations to come.”
Built in 1969, the iconic Cape Fear Memorial Bridge is a 3,000 feet long steel vertical lift bridge that serves as a critical artery for motorists, connecting New Hanover and Brunswick counties.
The N.C. Department of Transportation recently completed a $7.1 million rehabilitation project to extend the life of the aging bridge. The NCDOT said it costs about $500,000 a year to maintain the bridge and operate its movable span structure, which carries 70,000 vehicles across the Cape Fear River each day. That number is expected to grow to 100,000 by 2050.