As predicted, Nashville voters have rejected a multi-billion-dollar light-rail plan by a margin of 64 to 36 percent. Some people are wondering “Now what?” But the reality is that no major changes are needed to Nashville transit except to figure out a way to back out of long-term obligations in the face of declining ridership.
Less predictable, it appears the Fort Lauderdale Wave streetcar project also died yesterday. The project, which was promoted by Broward County, received federal, state, and local funding. But when construction bids were opened last October, they came in much higher than expected. Skeptical members of the city council got the county to agree that the city could withdraw from the project if it didn’t appear it could be built for less than a 25 percent cost overrun.
The county put it out for bids a second time and the low bid was $2.2 million over the 25 percent threshold. As a result, the city commission voted yesterday to save its money. Continue reading
