How FasTracks Continues to Get Derailed
By Michael de Yoanna
Created 2009-07-06 08:55

By: Michael de Yoanna [1]

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How FasTracks Continues to Get Derailed

Just days after it was reported that Denver International Airport was planning to construct a rail station [2], dreams of turning the Front Range into a rail haven are turning into a nightmare. As outgoing Regional Transportation District General Manager Cal Marsella tells The Denver Post [3] of the extensive FasTracks plan--first approved by voters in 2004--that the price of steel, copper, concrete, and other construction necessities have skyrocketed. Add the recession, which has put a hole in the sales-tax bucket, and critics like Jon Caldara, of the libertarian-leaning Independence Institute, are smugly in I-told-you-so territory. "These guys knew there was no way they could get this done. It was a way to get the community pregnant and then put a gun to our heads," Caldara says. An analysis by the Post found the $7 billion project faces numerous challenges that could delay the promised 12-year build-out by decades. For example, rather than err on the conservative side when it came to projecting sales-tax revenues, RTD used "relatively aggressive projections." Columnist Noel Black, meanwhile, has faith in rail, writing that Colorado Springs should learn from other cities around the nation and get a line running to Denver (via the Colorado Springs Gazette [4]).
Source URL: http://www.5280.com/blogs/2009/07/06/how-fastracks-continues-get-derailed

Links:
[1] http://www.5280.com/tag/authors/michael-de-yoanna
[2] http://www.kdvr.com/news/kdvr-dia-upgrades-070209,0,4604562.story
[3] http://www.denverpost.com/ci_12755554
[4] http://www.gazette.com/articles/city-57961-austin-colorado.html