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Rail News Home Passenger Rail

5/9/2011



Rail News: Passenger Rail

Cincinnati officials revise streetcar plan


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Last week, Cincinnati officials announced a revised plan for the city’s streetcar project that calls for using $99 million already identified and secured, but shortening the first phase of construction.

Under the adjusted plan, the city will begin to build a $95 million, four-mile segment of the line, but continue to seek additional funding to extend the line as far as initially proposed.

“The vision for the project remains the same. We are going to build a streetcar that connects downtown to uptown, and then we are going to build out into the neighborhoods,” Cincinnati Mayor Mark Mallory said in a prepared statement. “We are going to get started with the funding that we have in hand.”

The proposed streetcar line would feature five cars and operate 18 hours daily. The $2.5 million annual operating cost for the first segment would include no general fund operating dollars, the mayor said. Funding sources would include revenue from casinos, parking meters, fares and naming rights.



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