“The job is going well.”

That simple statement says a lot coming from the man in charge of the $1.4-billion Fulton Transit Center.

Uday Durg, the MTA’s program executive for all Lower Manhattan projects, told a Community Board 1 committee last month that all 11 contracts on the project—now more than halfway into a 10-year construction schedule—have been awarded, and the labyrinthine complex is still expected to open in 2014.

“All of our contracts are moving on schedule and are tracking on budget,” Durg said.

In 2011, three portions of the project will open to the public. Most notably, southbound R trains will stop at Cortlandt Street for the first time since 2005, as the platform reopens to passengers on the 10th anniversary of Sept. 11. Because there will be no public access to the sidewalk on the west side of Church Street, passengers will only be able to reach the southbound platform through an underpass beneath the tracks.

Also scheduled to open next year are a new entrance on William Street to the 2 and 3 trains, and a temporary connecting tunnel between the A/C and 4/5 Fulton Street platforms.

Since completion in August of the 29,000-square-foot concrete foundation of the transit hall, hundreds of steel columns have been installed below street level. The most important work, Durg said, was the underpinning of the 112-year-old Corbin Building. The MTA finished a year-long excavation of the earth beneath the landmark sliver building to prepare it to be part of the main Fulton Transit Center building.

When the Corbin Building opens, in 2013, it will house ground-floor retail spaces and serve as the south entrance to the new transit hall.

Residents and workers passing by the main work site, at Fulton and Broadway, will begin to see the first steel beams of the glimmering Transit Center building rising above the construction fence early in 2011. The $176-million retail hall and gateway into the subway system will be among the last components of the project to open, in December 2014.