Let’s see: 100 percent cost overrun? Check.
Anemic ridership? Check.
Requires tax breaks, tax-increment financing, and other “public investments” to stimulate transit-oriented development? Check.
Declared a great success by the transit agency desperate for tax increases to fund further rail projects? Check.
Must be light rail.
As Wikipedia points out, when planned in 2000, Charlotte’s light-rail line was supposed to cost $225 million. The final cost turned out to be $467 million. Even after adjusting for inflation, that’s close to a 100 percent cost overrun. (Actually, considering inflation from 2000 to 2007, that’s about a 75 percent cost overrun.)
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