Transit ridership is declining and the Trump administration is refusing to giving away federal funds for new transit projects. But Portland’s TriMet transit agency is already buying properties for its new $3 billion light-rail line.
Metro’s Joint Policy Advisory Committee on Transportation — which is the real power at Metro, not the elected Metro council — has approved the route for the rail line that is supposed to go from downtown Portland to Bridgeport Village, a shopping mall on Interstate 5. The plan calls for bike paths, sidewalks, some new highway bridges (which aren’t included in the cost), as well as 12 miles of light-rail route.
The official projected cost for the project is $2.6 billion to $2.9 billion, but as an analysis by the Cascade Policy Institute shows, the final cost of previous light-rail projects all ended up being as much as 40 percent more than the estimates that had been made at the draft environmental impact statement stage. Metro issued a draft EIS for the project in June. Continue reading