Government Issues

L.A. streetcar project shaves $55 million off cost estimate

Posted on September 3, 2014

Los Angeles Streetcar rendering.
Los Angeles Streetcar rendering.
LOS ANGELES — Cost estimates for the proposed streetcar line in downtown Los Angeles may be about $55 million less than officials had previously said, The Los Angeles Times reported.

RELATED: City Hall kept quiet on higher L.A. streetcar project estimates

If the Federal Transit Administration gives the project the full $75-million grant it seeks, that would still leave a funding gap of more than $100 million. To make up the difference, officials said that the city plans to arrange a public-private partnership, according to the report.

For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

FTA awards $5M to improve tribal transit programs

Combined with $25 million a year in tribal formula funds, funding for Tribal Transit was increased to $30 million annually under the FAST Act.

U.S. DOT issues policy for testing, deployment of automated vehicles

Vehicle performance guidance uses a 15-point Safety Assessment to set clear expectations for manufacturers developing and deploying automated vehicle technologies.

Bill forces NJ Transit to notify riders of bus, rail service cuts

The bill was introduced last year after the transportation authority eliminated the last New Jersey-bound trains of the night on the North Jersey Coast and Morris & Essex Lines.

$200 billion of public transportation ballot initiatives at stake

Public transit leaders came together to discuss ballot measures across the country.The press conference was held at the APTA 2016 Annual Meeting held in Los Angeles.

U.S. Reps. honored for distinguished service

U.S. Reps. Bill Shuster (R-PA), Dan Lipinski (D-IL) and Peter DeFazio (D-OR) are all receiving APTA’s Distinguished Service Award.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close