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Project Profiles

Interlink (formerly Warwick Intermodal Station)


Location	Warwick, Rhode Island
Project Sponsor / Borrower	Rhode Island Airport Corporation (RIAC) Rhode Island Department of Transportation (RIDOT) Federal Highway Administration
Program Area
Fiscal Year Approved	Fiscal Year 2006
Mode	Intermodal
Description	Interlink, formerly the Warwick Intermodal Station project, is an intermodal project connecting air, rail, bus, automobiles, and rental cars at T.F. Green Airport in Warwick, RI that serves the Providence area and Southern Massachusetts. The intermodal facility serves MBTA (Massachusetts Bay Transportation Authority) commuter trains traveling between Warwick, Providence, and Boston, utilizing Amtrak rails; and Wickford Junction in North Kingstown, RI by late 2011. The rail platform is integrated with a consolidated rental car facility that houses all airport rental car operations. The six-level parking garage includes approximately 1,800 spaces for rental car operators and 800 for rail commuters. This garage includes the first elevated fueling platforms in the country. A 1,200-foot, elevated and enclosed walkway with moving sidewalks connects passengers to and from the airport terminal. Additionally, the station incorporates opportunities for local and intercity bus service connections.
Cost	$280 million
Funding Sources	Federal funding grants - $124.3 million TIFIA loan - $40.06 million Special facility revenue bonds - $50.3 million Customer facility charges - $29.5 million State grants - $31.1 million Interest earnings on bond proceeds - $4.9 million
Project Delivery / Contract Method	Construction Manager At Risk
Project Partner	Nine different rental car agencies
Project Advisors / Consultants	Parsons Brinckerhoff - Project management Gilbane Building Company - Construction management Jacobs Engineering Group - Design To USDOT TIFIA JPO: TIFIA Legal Advisor: Ballard Spahr TIFIA Financial Advisor: Infrastructure Management Group
Lenders	Bondholders, USDOT TIFIA
Duration / Status	Construction began fall 2007; completed October 2010
TIFIA Credit Assistance	Direct loan: $42 million. The TIFIA loan will be secured by customer facility charges imposed by RIAC upon people renting cars at the airport as well as payments by the rental car companies for tenant improvements in the Intermodal Facility.
Financial Status / Financial Performance	TIFIA credit agreement signed June 27, 2006 Loan repayments are scheduled to begin in 2009 and conclude in 2042.
Innovations	The project used an owner controlled insurance program (OCIP) in conjunction with an on-site health care company. The project used prefabricated elements to construct the garage and the Construction Manager at-Risk delivery method (Every Day Counts Method).
Related Links / Articles	RIAC Project Website RIDOT Intermodal Planning Project Background Information
Contacts	Patti Goldstein Vice President of Public Affairs T.F. Green Airport Tel: (401) 691-2000 (ext. 272)