Rail transit construction is so farking expensive that the people overseeing lose all sense of proportion. Take Denver’s FasTracks program, which is supposed to build about 119 miles of rail transit over eight years for $6.2 billion. That’s more than $2 million a day, seven days a week, 52 weeks a year.
So its not surprising that Denver’s transit agency, RTD, would casually spend $15 million on land it doesn’t need. That’s $50,000 an acre for land that is pretty similar to other land in the area that normally sells for $10,000 to $15,000 an acre.
