[BTinSF]

Tuesday, January 26, 2010, 11:34am PST | Modified: Tuesday, January 26, 2010, 1:04pm
S.F.’s Transbay center gets $171M loan
San Francisco Business Times - by Eric Young

Federal authorities approved a $171 million loan for a new transit center in San Francisco that could enhance development of a bullet train line.

The U.S. Department of Transportation said Tuesday its loan for construction of the Transbay Transit Center will pay for ramps to the Bay Bridge, a bus storage facility and the design of an underground transit facility . . . .

The cost of construction for phase one of the Transbay project is $1.189 billion. The total project cost is $4.2 billion . . . .

Source: http://sanfrancisco.bizjournals.com/...ml?t=printable