Friday, February 13, 2015

Not Getting Much for Our Money

The costs of building urban train transit per mile vary amazingly.  An article here from the Atlantic says: NYC plans 8.5 miles estimate at  $17 billion, or $1,240,000/Km.  Madrid just built 41km for $58,000 per Km.  Singapore just built 22 Miles with 28 stations for $4.8 billion - $139,000/Km.  Paris and Berlin estimated recent additions at $250,000 per Km.  We cost ourselves 5x-20x what others do this work for.

Accurate Reality:  We could do more with our government money if it didn't cost us so much to do it.

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