The Charlotte Area Transit System (CATS) would like to add an ambitious, expensive project to its capital investment plans, but funding the project is more daunting than the last time the system expanded.
"Charlotte City Council is expected to decide Monday whether to take the first step toward the region’s largest infrastructure project, a 26-mile light rail line running from Matthews to Belmont in Gaston County," reports Bruce Henderson.
"The council’s approval of a $50 million contract to start preliminary work on the Silver Line would merely dip a toe in deep water," adds Henderson. The project, when complete, is estimated to reach a cost of $6 billion to $8 billion, with a completion date of 2030.
According to Henderson, the current state of federal politics makes funding for public transit a much more challenging proposition, further complicating the prospects for the project.
"[Charlotte Area Transit System Chief Executive Ron] Tober expects CATS will get federal and state grants to cover 40% to 50% of the Silver Line’s costs," according to Henderson. "But CATS also has new options to raise local financing, he added, including some that didn’t exist two decades ago," like a new half-cent sales tax, tax increment financing, regional partnerships, and public-private partnerships.
FULL STORY: A ‘daunting’ billion-dollar puzzle. New Charlotte light rail funding faces debate.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
5 New England states march closer to 800 megawatt wind energy project
Securing federal approval for the project may be complicated under the Trump administration, which has historically been hostile towards domestic wind power.
Baltimore to break ground on $50 million Transit Priority Project
The project will bring faster bus trips, safer streets and better bike connections to Baltimore.
Airbnb launches $250 million 'last-dollar financing' housing accelerator, makes first investment in Austin
The company will put $6.4 million towards affordable housing development in Texas’ capital.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association