Costs have been rising due to inflation and high interest rates, SEPTA said.
SEPTA spokesperson Andrew Busch said the transit agency's budget is constrained compared to similar agencies that have "more state and local funding available."
"SEPTA would not jeopardize other critical projects, such as the Market-Frankford Line fleet replacement, Trolley Modernization, or station accessibility improvements, to advance an expansion project," Busch said. Just three weeks ago, SEPTA approved the rail's final design that would have connected Center City, University City and King of Prussia."King of Prussia Rail would have delivered real benefits to our city and region by providing reliable public transportation connecting our three largest employment hubs in Center City, University City, and King of Prussia. It would have eased congestion on area roadways and reduced air pollution," Richards said.Copyright © 2023 WPVI-TV.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEPTA pauses King of Prussia rail project citing rising costs worsened by inflation and interest ratesThe Southeastern Pennsylvania Transportation Authority (SEPTA) says its pausing construction of the King of Prussia rail due to rising costs which have been “exacerbated by inflation and high interest rates.'
Read more »
SEPTA stops work on proposed King of Prussia Rail Line after federal government denies fundingSEPTA has stopped work on the 4-mile King of Prussia rail extension to its Norristown High Speed Line. The project was expected to cost more than $3 billion.
Read more »
SEPTA unwisely pushes for suburban investment while improvement plans in the city languish | EditorialThe transit agency has balked at a subway extension along Roosevelt Boulevard but presses ahead with an expansion to King of Prussia. Does this prioritization really make sense?
Read more »
Selma Mayor & City Council Clash Over City Budget - Alabama NewsSelma Mayor James Perkins, Jr. lashed out at the Selma City Council about the city's new budget -- at a press conference Wednesday.
Read more »
Survey: Pasadena named fourth-worst city for a hangover cure, Houston ranked 25th best cityHere's a story that might give you a headache or a hangover. A survey done by Lawn Love ranked the 2023 best and worst cities for a hangover cure, and one Houston-area city was named the fourth-worst city.
Read more »
Soon, any size business will be able to offer SEPTA passes for their workersSEPTA is opening its zero-fare pass program to any business or institution that wants to offer employees an incentive to take transit — at no cost to the workers.
Read more »