Loading...
Loading...
Browse all stories on DeepNewz
VisitSilicon Valley BART Extension Secures $5.1 Billion in Federal Funding Amid $2 Billion Per Mile Costs
Aug 2, 2024, 07:02 PM
The long-awaited BART extension project to Silicon Valley is set to receive $5.1 billion in federal funding. This funding will help complete the historic transit project, which aims to connect the rail network around the San Francisco Bay Area for the first time. The Santa Clara Valley Transportation Authority (VTA) announced the funding, highlighting its importance in linking California’s Silicon Valley to parts of the Bay Area. Despite the significant financial boost, the project has faced criticism due to its high costs, with estimates suggesting it could cost $2 billion per mile due to an unpopular design change. Additionally, the project has been met with concerns over low ridership projections and slow progress in addressing land use issues in San Jose.
View original story
Markets
No • 50%
Yes • 50%
Official announcements from the Santa Clara Valley Transportation Authority (VTA) or related government agencies
No • 50%
Yes • 50%
Official financial reports from the Santa Clara Valley Transportation Authority (VTA) or related government agencies
Yes • 50%
No • 50%
Official announcements from the Santa Clara Valley Transportation Authority (VTA) or related government agencies
20,001 to 30,000 daily riders • 25%
More than 30,000 daily riders • 25%
Less than 10,000 daily riders • 25%
10,000 to 20,000 daily riders • 25%
Official ridership statistics from the Santa Clara Valley Transportation Authority (VTA)
Funding issues • 25%
Other • 25%
Land use issues • 25%
Construction challenges • 25%
Official project updates from the Santa Clara Valley Transportation Authority (VTA) or related government agencies
2027 or later • 25%
Before June 2025 • 25%
June 2025 to December 2025 • 25%
2026 • 25%
Official announcements from the Santa Clara Valley Transportation Authority (VTA) or related government agencies