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VisitFederal Government Commits $5.1 Billion to BART Expansion to San Jose, Silicon Valley
Aug 2, 2024, 05:30 PM
The federal government has committed $5.1 billion in funding to the long-awaited subway project linking California's Silicon Valley to parts of the San Francisco Bay Area. This historic milestone will bring BART to San Jose, connecting rail around the Bay for the first time. The project has faced scrutiny due to its high costs, with estimates suggesting it could cost up to $2 billion per mile due to an unpopular design change. Despite these challenges, the funding marks a significant step forward for Bay Area transit.
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Markets
Yes • 50%
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Court filings and official project updates from BART
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Official announcements from BART or the Federal Government
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Official project cost reports from BART or the Federal Government
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Official ridership reports from BART
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Official announcements from BART or the Federal Government
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