$7 Billion Plan to Rebuild Transit Near Ground Zero At the top of the new project list is $2 billion to build what officials call a downtown Grand Central near Church Street, adjacent to the former World Trade Center site. The station would connect PATH trains with three subway lines and would include a $500 million underground concourse, stretching from near the ferry docks on the Hudson River beneath the World Financial Center and through the PATH terminal.
The passageway, which would include moving walkways, would also extend east to a new Fulton Street transit center, a newly designed, $750 million hub. The transit center would straighten out the dispiriting array of pedestrian tunnels that now connect the major subway lines in the area of Broadway, Nassau and Fulton streets; together with the PATH terminal, commuters would have a single complex linking the A, C, E, J, M, Z, N, R, 1, 2, 3, 4, 5 and 9 lines.