Seattle's Monorail: An Indecent Proposal?

Would you pay $6 billion for a 13-stop system?

1 minute read

March 6, 2005, 7:00 AM PST

"Are the wheels coming off America's biggest monorail commuter-train experiment? As the [Seattle Monorail Project] slashes at a bid proposal-the project might be losing as many as six of 19 planned stations-monorail officials say progress is being made...But according to some estimates, a 30-year monorail bond issuance, at 6 percent interest to finance $1.5 billion, will, over its lifetime, cost taxpayers more than $4 billion. A similar...50-year bond would mean $6 billion paid by taxpayers over time."

Thanks to David Gest

FULL STORY: A $6 Billion Monorail?

Wednesday, March 2, 2005 in Seattle Weekly

Transportation Washington

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.