North Central Austin Edition | May 2022

TRANSPORTATION UPDATES

COMPILED BY DARCY SPRAGUE & BEN THOMPSON

Project Connect rail cost jumps

ONGOING PROJECT

PROJECT CONNECT RAIL LINE COSTS INCREASE $4.5B As Austin’s Project Connect team moves from its 15% design to 30% design stage this summer, planners say factors such as real estate and construction costs and ination are upping project costs 77%.

Original estimate (5% design stage)

Revised estimate (draft 30% design stage)

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BY BEN THOMPSON

New cost estimates show a 77% spike in cost as planning for Project Connect’s Orange and Blue light-rail lines is on track to progress from the 15% to 30% design stages this summer. Austin voters approved a $7.1 billion package for Project Connect in November 2020 to expand the city’s bus and rail network. At the 5% design stage, estimates for the light-rail lines totaled $5.8 billion: the Orange Line at $2.5 billion, the Blue Line at $1.3 billion and extensive tunnel work for both tracks at $2 billion. Now, heading into the 30% design phase, those gures have jumped to $10.3 billion. Transit ocials said the $4.5 billion revision, including $600 million more for the Blue Line and around $2 billion each for the Orange Line and tunnel, has several causes.

$1.3 billion

Blue Line

$1.9 billion

$2.5 billion

Orange Line

$4.3 billion

N

$2 billion

ALL INFORMATION ON THIS PAGE WAS UPDATED AS OF MAY 16. NEWS OR QUESTIONS ABOUT THESE OR OTHER LOCAL TRANSPORTATION PROJECTS? EMAIL US AT CTANEWSCOMMUNITYIMPACT.COM. Fourth Street redirection The city of Austin is reconguring Fourth Street from I-35 to San Mar- cos Street into a one-way heading eastbound to prevent issues between cars turning right onto the feeder and pedestrians or cyclists using the Lance Armstrong Bikeway along the north side of Fourth. Timeline: April-second half of 2022 Cost: $500,000 Funding source: Austin quarter Cent Fund and 2016 mobility bond

Tunnel

$4.1 billion

0

$1B

$2B

$3B

$4B

SOURCE: CAPITAL METROCOMMUNITY IMPACT NEWSPAPER

Among those is a “signicant” increase in land acquisition costs along the proposed rail lines given Austin’s hot real estate market and nationwide ination that is driving up the construction budget. Ocials said the new estimates will not aect Project Connect’s voter-approved tax rate, but the extra cost could aect the timeline

of the project. “The Project Connect program is not immune to the global and national economic pressures that everyone is feeling. Transit, air- port, highway, utility, housing and commercial projects are all seeing cost increases,” Project Connect Program Ocer David Couch wrote in an April 7 memo.

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NORTH CENTRAL AUSTIN EDITION • MAY 2022

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