Rail

UPDATED: Detroit streetcar facing $12M shortfall

Posted on June 18, 2014

DETROIT — The city’s planned 3.3-mile $137 million M-1 Woodward Avenue streetcar project faces a $12 million funding shortfall and applied for a supplemental $12.2 million from the U.S. Department of Transportation, reported the Detroit News.

The News obtained a two-page letter to Transportation Secretary Anthony Foxx warning the project urgently needs additional grant money to proceed, but said it would survive without the funds, though; it would have to be scaled back. For the full story, click here.

UPDATE: M-1 Rail President/CEO Matthew P. Cullen issued a statement regarding reports the Woodward streetcar system is struggling:

"News reports published today suggested our project is in jeopardy. It is not.

The construction of the M-1 RAIL streetcar will proceed as planned and commence upon City Council approval of our operating agreement. We hope for approval next week.  

We remain very optimistic about the requested TIGER grant based on the quality of our application, the strong support of the Mayor, our congressional delegation and others, the Administration’s focus and commitment to the City of Detroit, and the profound impact of this project for our community. That being said, the TIGER grant is just one component of our funding structure; there are contingency strategies that we will deploy if the grant is not approved."

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

More News

Atlanta Streetcar names new leadership

Keith Jones, formerly of URS Corp., will serve as interim executive director, while Ozell Hayes will serve as interim director for safety, security and training.

FRA finds Amtrak at fault for violating ADA passenger's rights

According to the agency, the train station lacks required public telephone technology for people who are deaf or hard of hearing; does not provide a visual information system for passengers waiting outside on platforms to update them about delays and schedule changes.

Valley Metro expands 'Safe Place' program at 4 new light rail stations

Valley Metro’s partnership with Safe Place began in 2013. Teens that are homeless, have left their homes because of abuse or neglect, or have been asked to leave by parents or guardians can seek help at any light rail station 24-hours a day.

Bombardier's joint venture to build 15 high speed trains for China

The contract for 15 eight-car CRH380D trainsets is valued at approximately 2.4 billion Chinese RMBs ($381 million U.S., 339 million euro).

MBTA needs $7.3B to repair rail system

The backlog could be wiped out by 2040 if the T spends $765 million annually on the maintenance backlog — rather than the current $610 million.

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 resource for managers of class 1-7 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