New figures released Tuesday show just how difficult it could be to build a speedy, reliable alternative to the 405 Freeway between the San Fernando Valley and the Westside. More from laura_nelson:
would also raise a vast amount of money quickly, Matute said — although charging drivers more to drive could be politically risky for Metro’s elected board members. The agency has estimated that taxing drivers by the mile could raise $102 billion over a decade, while a fee to enter downtown could raise $12 billion.
Public-private partnerships can “work miracles” for major construction projects, Anderson said, but they don’t “create billions of dollars from nothing.”The three subway options Metro is studying range in length from 12.8 miles to 14.3 miles and would cost $9.9 billion to $13.8 billion. Building tracks and stations above ground is significantly cheaper than excavating. But proposed aerial routes for a subway or a monorail along Sepulveda Boulevard have their own risks.
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