Quote:
Originally Posted by accord1999
Sadly it is accurate (and may be even reaching, for some of the "benefits"):
https://pub-calgary.escribemeetings....umentId=131776
Going so badly over-budget (and missing important ridership areas) has really hurt the return on investment. Incredibly, the document actually says Stage 1's benefit:cost ratio is pretty good for LRT projects, so I'm wondering if transit planners have lost their way in recent years. |
This CBA grossly undersells the benefits of the Green line. For instance, what is the value of the stimulus generated by construction activities? What is the anticipated rise in property value and TOD? What is the valuation of the infrastructure at Year 30? No consideration is given to any of these factors, much less any attempt to quantify them.