nfitz
Superstar
Using what interest rate? How much extra cost will you sustain now, for little to no future savings.What you gain is money saved in the long run. If say, in the future (30-40 years) demand exceeds LRT limits, then retrofitting the stations for HRT means added cost along with hassle for the user since the line will have to be closed for many months. Spending $3-4 billion on an LRT tunnel now only to spend another $2-3 billion on retrofitting the line in the future doesn't seem like good planning.
Perhaps in 2100 it will cost $2-$3-billion. And a metropass might be $5000 a month. But if you look at the Sheppard conversion cost, it was only $500-million to convert to LRT - and much of that was the cost of making the tunnels bigger. Eglinton already has the bigger tunnels. Apart from the portals (which presumably would be part of a tunnel extension), the primary cost would be new track, new power supply, raising the platforms (unless we've invented low-flor HRT by then), and extending the stations. Nothing is as costly as making the tunnels bigger. And raising the platforms is a lot cheaper than reducing them (at Sheppard). Much of the work could be done during active service - even to the point of having a 3-car low-floor and high-floor platform in each station, so the only shutdown would be for track, and power replacement.
I can't imagine a proper cost analysis would show that it makes sense to build something now, to save a few dollars in 40-80 years ... maybe.
For every project like the Bloor Viaduct, where it paid off, there are many, many projects where $ was spent on infrastructure that was never used, or only partially used. The Gardiner lanes east of Leslie that stopped in mid-air. The Yonge platform at Queen Street. The passenger terminal at Mirabel airport. The overpasses along the 720 Autoroute in Montreal near the 25, that were about 40 years old before they were ever used, and had to be rebuilt. Some of the overpasses for the Gardiner in Scarborough.
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