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Friday, December 16, 2011

Aren’t Those New Streetcars Kind of Expensive?

Michael Neibauer reports that the District Department of Transportation has awarded the contract for two new streetcars to a Portland company, which offered a price of $8.7 million for the pair. That's $3.7 million for each 144-passenger vehicle, plus another $1.3 million for design, delivery, and insurance.
Whew!
By contrast, Metro's new buses cost $570,000 each and can fit about 80 people total. The schmancy new 7000-series rail cars cost about $2 million each (including shipping, parts, etc.), have 64 seats, and roomier aisles for more people standing. We knew the streetcar wasn't going to be cheap, but damn.

STORY HERE!

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