Print
More News

Chamber Urges Considering "all Possible Options" To Pay For Bridge Replacement

By Scott Nunn, posted Feb 22, 2022
The Wilmington Chamber of Commerce's public policy committee passed a resolution urging officials to consider all possible options to fund the replacement of the Cape Fear Memorial Bridge. (File photo)

When Wilmington was pushing for a bridge across the Cape Fear River in the early 1960s, a caravan of buses took residents to Raleigh to make the case for a new span.

For years, state leaders had paid plenty of lip service to the need for the bridge, but couldn’t muster the political will to pay for it or even decide exactly where it would be located. Wilmington kept the pressure on, and on Oct. 1, 1969, the Cape Fear Memorial Bridge opened to traffic. 

Now 50 years later, N.C. Department of Transportation officials and other state leaders agree it’s time to replace the bridge, which is considered safe but near the end of its lifespan and not sufficient to carry growing traffic loads.

But just like the 1960s, the area is having to fight to find funding for a replacement bridge, one for which conceptual proposals have been made but money to build it remains elusive.

With rapid growth continuing on both sides of the river and the port booming, the Wilmington Chamber of Commerce’s public policy committee passed a resolution Tuesday urging “consideration of all possible options to fund a replacement for the Cape Fear Memorial Bridge.”

Chamber president and CEO Natalie English underscored the urgency of getting plans and funding for a new bridge in the pipeline:

“The local business community understands the importance of prioritizing a replacement of the Cape Fear Memorial Bridge and this vote demonstrates their readiness to thoroughly assess all possible funding options,” English said. 

With no obvious source of traditional funding in sight, both state and federal transportation officials are looking to the Infrastructure Investment and Jobs Act (IIJA), which President Joe Biden signed into law in November.

Edward T. Parker, deputy administrator for the Federal Highway Administration’s North Carolina division, told Chamber members that the IIJA is expected to provide $91 million in annual funding through 2026 “for the replacement, rehabilitation, preservation, protection, or construction of bridges on public roads.”

The Cape Fear River bridge is considered in “poor” condition and is in line to receive some of that funding. But with many other bridges in the state in worse condition, the money will only go so far. 

Chad Kimes, chief engineer for the N.C. Department of Transportation’s Willmington-based Division Three, said the IIJA funds mean fewer projects likely will be delayed by increasing costs of materials, land and labor, but it’s not clear what that would mean for a new bridge, which is proposed to be built alongside the current span. 

While acknowledging that the IIJA money will benefit the area, English was skeptical of relying on it to fund the bridge project.

“While I am certain the bipartisan Infrastructure Investment and Jobs Act will be beneficial to infrastructure and transportation across our state, it is not a silver bullet to the unique issues we’re facing in our region,” English said. “Our tri-county population is expected to grow by 34% and this bridge is the critical connector for employment, shopping, healthcare, and recreation for our region.”

Ico insights

INSIGHTS

SPONSORS' CONTENT
Gretchen roberts 2021

5 Finance Topics Every Small Business Owner Should Master

Gretchen Roberts - Red Bike Advisors
Untitleddesign7

Mastering ARC Applications: Best Practices for HOA Board Members

Dave Orr - Community Association Management Services
Jane

It’s Child’s Play

Jane Morrow - Smart Start of New Hanover County

Trending News

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...


Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....


With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season