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At times called the Trans Hudson Express Tunnel or the Mass Transit Tunnel, it eventually became known by the name of a Major Investment Study, and received endorsements from both New Jersey and New York governors. The project was initiated after studies conducted in the 1990s determined that new rail tunnels under the Hudson River were the best approach to address transportation needs for the New York metropolitan area. $600 million had been spent on the project. In the Connection -> SSH -> Tunnels section, create a secure tunnel by forwarding a port (the destination port) on the remote server to a. With today’s announcement, Governor Christie is single handedly destroying 20 years of NJ Transit’s progress while killing the largest public transit investment in history, all for a one-time. Construction began in mid-2009 and the project was slated for completion in 2018, but it was cancelled in October 2010 by Governor Chris Christie, citing the possibility of cost overruns and the state's lack of funds. Governor Christie’s cancellation of the ARC tunnel project is a short-sighted move that will stunt New Jersey’s growth for generations to come. An estimated budget for the project was $8.7 billion. Anytime you pull a core, it’s a new world. They will be a value for decades if not centuries, Joeckel said. Those cores, along with the 22 already bored, will be available for study thanks to the agreement between Omaha and the university. It was found that THE Tunnel project would enable the MOM Rail Project to use new technology, the Dual Mode. A new station adjacent to New York Penn Station was to be constructed as running more trains into the current station was deemed unfeasible. In a future phase, more cores will be dug in an effort to determine the tunnel’s proper depth. Not to mention the four Core NYC Airports. New infrastructure would have included new trackage, a new rail yard, and a tunnel under the Hudson River. Access to the Region's Core was a commuter-rail project to increase passenger service capacity on New Jersey Transit between Secaucus Junction in New Jersey and Manhattan in New York City.