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Continued: Southwest LRT: Shaping Minneapolis' future

  • Article by: BOB CORRICK and JOHN DEWITT
  • Last update: April 24, 2014 - 10:25 AM

 

 

About the projections

Capital cost, operating cost and ridership are from the Southwest LRT draft environmental-impact statement (2012), Chapter 8 Financial Analysis, the Midtown Greenway Corridor Alternatives Analysis (2013) and the latest Southwest LRT Project Office capital cost (2014). The 2012 and 2013 capital costs were brought forward to 2016 (conservatively) at the Federal Transit Administration’s 3 percent annual inflation rate. Minneapolis projected population and employment data are from the Minneapolis Comprehensive Plan, Appendix B, adopted by the Metropolitan Council. Further information is from the Met Council’s draft Thrive MSP 2040 plan.

 



 

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