NO MONEY TO PAVE THE ROADS-PLENTY MONEY FOR THIS

The Portland Streetcar Loop Project is a 3.3-mile extension of the existing Portland Streetcar. The project will extend streetcar service from the Pearl District in NW Portland, across the Broadway Bridge to serve the eastside of the Portland Central City.
There will be 28 new streetcar stops between Memorial Coliseum and OMSI. The tracks will travel on Weidler Street to Lloyd Center at NE 7th Ave, south on Martin Luther King Jr Blvd to OMSI and return north on Grand Ave to Broadway and the Pearl District. Later, as a separate project, the Loop will be completed via a new bridge at the south end, allowing continuous connections around the entire Loop east and west of the Willamette River.
The cost estimate of the Loop Project is $148.27 million dollars:

• $75 million provided by the Federal Government
• $15.50 million from a local improvement district
• $27.68 million from the Portland Development Commission
• $3.62 million from regional funds
• $6.11 million from SDC/other City funds
• $.36 million from stimulus funds

Construction began last year and is expected to be completed by early 2012. The Portland Streetcar Loop is scheduled to begin operations Spring 2012. For more information on the project, visit www.portlandstreetcar.org.