January 27, 2010

And San Francisco's Transbay Joint Powers Authority Rolls…A Seven!

Last year San Francisco's Transbay Joint Powers Authority rolled the dice by modifying construction plans for San Francisco's Transbay Transit Center.

The modified plan to pre-build the train station component of the center will save an estimated $100 million in construction costs but banks on $400 million in federal stimulus funds, without which the move will likely end up burning $15 million worth of engineering and design and delay the project by at least four months.

Tomorrow morning President Obama will formally announce $8 billion in stimulus funds to 13 U.S. rail corridors ($50 billion was requested). But according to a White House pre-release, California's high-speed train project is getting $2.25 billion of that eight.

Exactly how that $2.25 billion will be divvied up between California's four corridors still needs to be determined. Will San Francisco’s $15 million bet payoff or crap out?

Stay tuned (and plugged-in).

UPDATE: And it's lucky number seven (or rather four hundred) for the TJPA and San Francisco:

Department spokeswoman Maureen Knightly said the $2.25 billion includes a reservation of $400 million for construction of an underground train station at the Transbay Transit Center.

Cheers!

Transbay Terminal: Banking On Stimulus Funds And Opening In 2015 [SocketSite]
Obama to Give 13 Areas $8 Billion for High-Speed Rail [Bloomberg]]
Scoop: Transbay Interactive Map (And New Transit Center Website) [SocketSite]
High-speed train project gets $2.25 billion from Obama [mercurynews.com]
$400M to go toward Transbay Transit Center train station [San Francisco Examiner]

First Published: January 27, 2010 10:00 PM

Comments from "Plugged In" Readers

So the $400mm for the train box was not mentioned....hmmmm.....

Posted by: anon at January 28, 2010 7:23 AM

We need to learn who will have control of the $2.25 billion first ... then figure out how to get at least a portion of the Transbay JPA's $400 million request. Seems like it would be a common sense, no-brainer to save taxpayers $100 million ... .but then again, there's no IQ test for any elected or appointed officials in general.

Posted by: jamie at January 28, 2010 9:24 AM

Hell, they should try to get funds for a 12-platform 2-level trainbox, just to shut Kopp up, as long as the federales are paying.

Posted by: anon at January 28, 2010 11:11 AM

UPDATE: It's a lucky number seven (or rather four hundred) if the San Francisco Examiner is correct:

"Department spokeswoman Maureen Knightly said the $2.25 billion includes a reservation of $400 million for construction of an underground train station at the Transbay Transit Center."

Cheers!

Posted by: SocketSite at January 28, 2010 5:55 PM

Good, because otherwise it'd just be the most expensive bus station on earth. As a bus station, TransBay only serves around 12-13K daily TransBay AC Transit passengers, at most 4-6K daily riders (if that, since not all buses to SF terminate at TransBay) on 3 peak+4 general GGTransit lines, some number of Muni passengers, and token numbers of other passengers on local transit authority buses, in addition to Greyhound.

Posted by: corntrollio at January 28, 2010 6:21 PM

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