Quote:
Originally Posted by bzcat
$900 million for a train station that is not even underground? I think we've hit a new high (or rather low) for Metro's contract bidding process. Not sure what land they needed to acquire... the station is being constructed basically on the edge of the Crenshaw line train yard.
The entire Expo line phase 1 with several elevated stations, a trench, and 8.5 miles of track only cost $980 million 15 years ago. There is inflation and then there is Metro's hyperinflation...
Here is link to Expo line's budget breakdown https://www.arcgis.com/apps/Cascade/...20553200d543ea |
Construction cost inflation in general has been absolutely insane in the last 15 years. This seems like it outpaces even regular construction cost inflation though.