Friday, October 26, 2012

Nimitz Flyover Cost Estimate Suggests that Rail Will Cost $7 Billion

In comparison, the structural and construction cost of the rail viaduct per mile will be similar or higher than $270 million per mile. So 20 miles of rail at $270 million per mile will cost $5.4 Billion. The rail's budget is $5.16 Billion. This means that the rail project will have no money left for trains, stations, a rail yard, etc. after 20 miles of viaduct has been built. Or that the rail will cost well more than $7 billion to complete.

Read full article in Honolulu Civil Beat.