i dont want to be some joykill as I want this project to succeed but I really am concerned about this. The Star reports that the cost estimates for the line are now 3 billion dollars, or 789mn/km. Given this is supposed to be a city project, not MX- this does not even include O&M or probably vehicle acquisition! Not that the price would be acceptable even if it did, and this doesn't even factor the inevitable creeping cost as every transit project blows well past contingency and into overbudget...
This is not even acceptable from the "Costs have risen in Toronto!" Or whatever. This project is projected to cost, per km, 1.3x Eglinton Crosstown, 3x 6FW, and nearly as much as THE YONGE NORTH SUBWAY EXTENSION.
What in the world is going on??? I joked previously that one day we will be painting red TTC lanes for the cost we built subways... I almost did not want to post this comment because the data seems so ridiculous that someone is going to chime in and say "Duh, well that cost also includes +50km of new streetcar tracks".
At 6FW costs, this should cost 1bn dollars, and at the cost projected to build the ION Cambridge extension, it should cost 700 mil... not 3 billion...