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After voter approval, the engineering and design of the light rail system continued. By 2022, the cost estimate to fully implement the original Project Connect plan had increased to $10.3 billion due to increased property acquisition prices, inflation caused by the COVID-19 pandemic, and scope changes to the original design.
May 2016 – The FTA revealed that they estimate the total cost as $8.1 billion for the 20 mi (32 km) line. In addition completion of the rail system would be delayed nearly five years until December 2024, versus HART's federal funding agreement stating that full line service from East Kapolei to Ala Moana Center would start in January 2020. [245]
The project is estimated to cost $7.1 billion and will be funded with public funds, both federally and locally through increasing the local property tax rate by 8.75 cents. [2] This is a smaller-scale version of the proposal, originally estimated at $10 billion, but ultimately downsized to $7.1 billion due to Covid-induced cost concerns. [ 3 ]
In January 2023, the estimated cost to build and operate the line for 36 years was $9.28 billion. In July 2023, MTA officials added $148 million to their construction-costs estimate, pushing the build-and-operate cost to $9.4 billion. The expected opening date was delayed to May 2027, more than five years later than first planned.
Map of the Metro Tunnel in blue and existing railway lines in grey: AUD $12.58 billion Suburban Rail Loop: Rapid transit Australia: Melbourne: 23.31-43.61 [167] 2022 2035-2053 [a] The map of the Suburban Rail Loop East (Lime, Cyan, Orange and Green) placed on top of the Victorian Train Map post Metro Tunnel (Grey and Purple) AUD $31–58 billion
Th agency presented a cost estimate, $7.1 billion, for the system that officials say accounts for a projected rise in construction costs and inflation by the time construction concludes in 2033.
Early cost estimates for Phase 2 had been $2.75 billion; however, a group of consultants increased the estimate in 2010 from $3.44 billion to $4.1 billion. [ 71 ] On April 6, 2011, the MWAA Board voted 9 to 4 to build an underground station located 550 feet (170 m) from the airport terminal rather than an above-ground station 1,150 feet (350 m ...
Bengaluru Metro Rail Corporation Limited (BMRCL), ... (19 mi), and cost estimates ranged between ₹4,500 crore and ₹7,000 crore. A 25.9 km (16.1 mi) extension from ...