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Work on the reconstruction of SW Moody Ave. began in January of 2011. Over the past 21 months, crews have worked to rebuild the street with streetcar tracks, large sidewalks, a two-way cycle track, and track crossings for the Portland-Milwaukie light rail line. Construction on the project reached 'substantial completion' this past March, on-budget and nearly three months ahead of schedule. The track crossings for MAX are currently under construction, with the new light rail line scheduled to open in 2015. The new street is also 14 feet higher than the old one, making it less susceptible to damage in the event of a future Willamette River flood. The project was funded by a $23.3 million grant from the 2009 American Recovery and Reinvestment Act as well as local and state funding.
Scroll down to see some before-and-after pictures of the SW Moody corridor as well as pictures of the newly completed facilities.
Before:

After:

During construction phase:

After:

...and here are some more shots of the new facilities:
cyclists and pedestrians enjoy separated paths on the new SW Moody Ave.
the Portland Streetcar passes under the Ross Island Bridge on the new SW Moody alignment.

the project's southern terminus at the Portland Aerial Tram.
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Mayor Adams,
Watching SW Moody construction over the past year, I have often wondered why it was built up so high with concrete? Was the ground unstable? To prevent flooding? I can't figure it out.