“Federal authorities approved a $171 million loan for a new transit center in San Francisco….The U.S. Department of Transportation said Tuesday its loan for construction of the Transbay Transit Center will pay for ramps to the Bay Bridge, a bus storage facility and the design of an underground transit facility.”
∙ S.F.’s Transbay center gets $171M loan [San Francisco Business Times]
∙ Scoop: Transbay Interactive Map (And New Transit Center Website) [SocketSite]
perfect timing.
now watch for the ballot measure next election that will seek pass a new “no shadows over open spaces” law that will in effect make every new tower in the Transbay District un-buildable.
And thus remove all the funding from same towers from the Transbay Plan = no financeable plan = no new transit center.