US Senate Majority Leader Mitch McConnell announced Thursday that the Owensboro Riverport Authority has been awarded $11.52 million from the US Department of Transportation’s “Better Utilizing Investments to Leverage Development” (BUILD) grant program.
The Riverport Authority plans to use the grant funding to improve safety and access by widening Industrial Road (KY 331).
Commercial traffic along Industrial Road delivers more than one million tons of products to the Riverport each year.
However, the existing infrastructure has no shoulders, visibility issues, and many utility poles within feet of the road.
Another concern is that the southern end of the roadway presents potential safety issues.
The grant will allow the authority to expand Industrial Road.
“Owensboro’s Riverport is an internationally recognized leader in transportation services along America’s inland waterways system. This critical federal funding will can improve Industrial Road to promote safety and encourage economic development,” said Senator McConnell. “As Senate Majority Leader, I made it a priority to increase infrastructure grant funding in the hopes that more Kentucky communities would be able to benefit. I’d like to thank Mayor Tom Watson and Judge-Executive Al Mattingly for their continued partnership on important projects for this community. I look forward to the new opportunities for growth in this wonderful region, and I was glad to support this application to help bring new resources to Kentucky.”
“The Owensboro Riverport has been a hidden economic gem, but thanks to this grant, that will no longer be the case,” Daviess County Judge-Executive Al Mattingly said. “This important grant will clearly expand economic growth for Daviess County and the entire region. I want to thank Senator McConnell for his leadership on this project, which will make this area of Kentucky a better place to live and work.”
“On behalf of our community, we could not be more appreciative of the efforts by Senator McConnell and the U.S. Department of Transportation to deliver this BUILD grant to the Owensboro Riverport,” said Owensboro Mayor Tom Watson. “This growing asset in Owensboro will expand economic development and deliver tangible results, especially in our industrial and agricultural communities. This grant further affirms the excellence of the port’s management as we continue to highlight the Ohio River’s importance for the economic growth of Owensboro and our entire Commonwealth.”