New York City Transit tops this year’s list with $16.5 billion, while several projects, including the Second Avenue Subway and Sound Transit’s University Link, hit major milestones. Meanwhile streetcars continue to make an impact, with one from 2014 successfully launching and three more set to open in the next year or two.
2012 Top Rail Projects Survey
New additions include streetcar projects in New Orleans; Cincinnati; and Washington, D.C., totaling $490 million. True high-speed rail projects like California’s still fail to crack the list due to escalating costs.