Wednesday, May 14, 2014
Cost of Pike Parking Lot Increases to $358 million
What a difference a year makes. Projected cost of the Pike $treetcar $ystem has increased from $310 million to $358 million. Arlington's 'contribution' will be $287 million. Another $227 million would be squandered on a Crystal City $treetcar $ystem funded from local revenue sources, meaning the County Manager raids the General Fund and transit funding sources. So, what will the projected cost be next year?
We've seen this before, a decade ago, when the Chamber of Commerce boosters (who are major proponents of an Arlington $treetcar $ystem) pushed for a major league baseball stadium in Arlington. Was only supposed to cost a couple hundred million. Turned out costing DC taxpayers more than $650 million.
Enough of this. Stop any more spending on what's going to be a Pike parking lot. Same County Board majority that wants everyone on a car-free diet voted to construct or re-purpose between 13,000 and 14,000 parking spaces since January 2012.