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Thursday, October 18, 2012
News Full speed ahead on light-rail extension
Posted By Ana McKenzie on Thu, Oct 18, 2012 at 9:12 AM
The federal government has agreed to pay half of the construction costs for a $1.6 billion light-rail extension, according to the Charlotte Observer.
- James Wilamor
The Federal Transit Authority will spend $580; the city, Charlotte Area Transit System $250 million; and the N.C. Department of Transportation will chip in $299 million. According to the Observer:
The new, 9.2-mile extension could open in 2017. It will connect downtown to UNC-Charlotte, adding 11 new stations. Four stations will have park-and-ride lots.Construction is scheduled to begin in November 2013.
Read more here.
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