Maryland’s Purple Line, which was originally supposed to open more than a year ago, now won’t open until 2026. But that’s supposed to be good news, because two months ago the state said it wouldn’t open until 2027. The bad news, other than the news that it is being built at all, is that it is at least $1.46 billion over budget.
That’s kind of a breathtaking number — $1.46 billion — at least for those who understand how much money that really is. For one thing, this cost of this one light-rail line would have been more than enough to construct all of the light-rail lines built in Buffalo, Portland, Sacramento, San Diego, and San Jose during the 1980s. At that time, light rail construction was costing around $10 million to $15 million a mile, or about $30 million to $40 million in today’s dollars. The Purple Line is costing more than $210 per mile, or five to seven times as much. Continue reading