Monterey residents should see improving traffic patterns soon. There will be a project completion ceremony around the middle of November, and the Veterans Memorial (Indian Street) bridge should be open to traffic around Thanksgiving this year. The new bridge is expected to cut the traffic across the Palm City bridge in half. The project was funded by Federal, State and Martin County with a total cost of approximately 112 million dollars. The bridge will feature six overlooks, dedicated bicycle lanes and pedestrian walkways on both sides of the bridge. Intersections on both ends of the bridge have been widened for traffic control and decorative lighting and landscaping are included in the project.