Your hopes of taking light rail from Capitol Hill to visit friends in Ballard and West Seattle are going to be even more expensive.
Sound Transit officials have unveiled new cost estimates for the “Sound Transit 3” package of projects including light rail connecting to West Seattle and Ballard that have risen nearly 50% from previous forecasts — a potential $5 billion to $6 billion surge.
The estimated cost of extending Seattle’s light rail system to Ballard and West Seattle, as well as several other components of the Sound Transit 3 plan adopted by voters in 2015, has risen dramatically since last year, Sound Transit staffers told the agency’s executive committee Wednesday. The main factors driving the increase, according to the agency, are higher than anticipated property acquisition costs, higher costs for labor and materials, and unanticipated “soft costs,” including additional funding for contingencies.
The the new numbers likely mean new timeframes for the projects. Continue reading