SPOKANE, Wash. --

Spokane's University District Gateway Bridge will become a reality thanks to a statewide transportation package signed by

Governor Inslee Wednesday.

"Spokane has become one of the preferred 'university hubs' that students from all over the country will want to live in," said University District Development Association UDDA Chair, Kim Pearman-Gillman.

The bridge was designed in 2004 by a Washington State University class. The developments will attach the Spokane University District with a 770-acre piece of urban land and expand the campus.

WATCH: $15M walkway could bridge gap between U-Dist and Sprague

"Having this bike and pedestrian bridge will complete the missing link for mobility across the railroad tracks between the university campuses and the medical district on the hill, thereby opening up many more development opportunities to enhance this area," said Pearman-Gillman

The Gateway Bridge checks all the boxes for a legislature focus on multimodal transportation, trail unification, increased mobility, and economic development opportunities.

Representatives said they hope to break ground by late 2015 or early 2016. They plan to complete the project by 2019.