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Article: Overruns a risk for transit projects; As the Hiawatha line nears final approval, a federal survey finds budgetary successes and failures among rail lines.(NEWS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- January 2, 2001
- Author:
CopyrightCOPYRIGHT 2001 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As Minnesota's first light-rail line awaits final federal approval, a survey of rail projects around the country shows that many have succeeded while others have faced significant problems.
For example:
- From the day in 1995 when the federal government financially committed to Salt Lake City's first light-rail line, things could not have turned out better. Not only did the project finish $23 million under budget, it was done a year early.
- But then there is San Francisco's attempt to extend a heavy-rail line 9 miles to the airport - a project that, when reviewed by the U.S. General Accounting Office (GAO) in March, was $316 million over ...