Light rail project gets derailed
Sure enough, it was official by that afternoon.
According to sources familiar with the Woodward Light Rail Project, federal funding for the plan is being pulled and the project is dead.Crap. So much for the good news on the Woodward light rail line I posted last August. Color me disappointed but not terribly surprised.
Not everyone has given up. The Detroit Free Press reports Woodward light rail investors say they'll press ahead.
The leader of the largest private-sector investor in the abortive attempt to build a light rail line on Woodward Avenue in Detroit said Friday that he would press ahead with plans to build a train-based connection between downtown and the New Center despite Mayor Dave Bing and Gov. Rick Snyder putting their support instead behind a modernized system of bus-based rapid transit.I wish these people luck. I'm not optimistic, but at least they're willing to put their money where their mouths are.
Rip Rapson, president and CEO of the Troy-based Kresge Foundation, said the M-1 group of private investors who initially wanted to build a 3.4-mile rail line between downtown and Grand Boulevard do not agree with the decision to kill off the rail line, which was later planned to extend north to 8 Mile Road.
The Kresge Foundation had pledged $35 million of the roughly $100 million in seed money pledged for the $550 million rail project.