Wednesday, September 03, 2008

Like virtually every commuter train project in the US

Denver's commuter train costs have ballooned out of control. The original costs estimates were a very bad joke on Denver taxpayers.

Link

Two of FasTracks' 10 transit corridors now exceed $1 billion each in cost and together account for half of the spiraling price increase from $4.7 billion to $7.9 billion over the past four years, according to figures released by RTD on Tuesday.

Cost increases on the 23.6-mile East Corridor commuter train from downtown to Denver International Airport and the 18-mile North Metro Corridor commuter train from downtown to Commerce City and Thornton add up to more than $1.6 billion of the $3.2 billion cost increase.