So some talk is starting as to whether or not allow a private company to invest money into a public transit system that is elevated, run by solar power and requires no public subsidies to be completed. It would be privately financed by Transit X, a company based in Boston. According to them, they are going to begin building a pilot route in the suburbs of Atlanta. Transit X hopes for it to be a great alternative to MetroLink but also something that improves Metro. The first route will be 54 miles (that's if its completed) and fares will be pretty cheap. Transit X would cost $6 Million per-mile to build while MetroLink North-South will cost $40.7 Million to build.
Other highlights...
- $319 Million total for started line
- 15% of population to be within walking distance is stations (5 minute walk)
- No public subsidies
- Can be easily expanded
- Full route could be built in one year as construction can be "mile a week"- $30 Million pumped into local economy off of fees and taxes.
Opinion STLToday Piece: https://www.stltoday.com/opinion/column ... bC810oa83g
Mine (CityScene STL) piece: https://www.cityscene-stl.com/news/an-a ... -transit-x
Official Proposal: http://transitx.com/proposals/Transit_X ... sWC_2DpRKc
Other highlights...
- $319 Million total for started line
- 15% of population to be within walking distance is stations (5 minute walk)
- No public subsidies
- Can be easily expanded
- Full route could be built in one year as construction can be "mile a week"- $30 Million pumped into local economy off of fees and taxes.
Opinion STLToday Piece: https://www.stltoday.com/opinion/column ... bC810oa83g
Mine (CityScene STL) piece: https://www.cityscene-stl.com/news/an-a ... -transit-x
Official Proposal: http://transitx.com/proposals/Transit_X ... sWC_2DpRKc






