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$1 Million Approved for Streetcar

By Eric Richardson
Published: Friday, February 25, 2011, at 04:06PM
LA Streetcar Rendering LA Streetcar Inc

Rendering of the proposed L.A. Streetcar project on Figueroa next to Staples Center

City Council today approved $1 million in funding for the L.A. Streetcar that would be applied to preliminary engineering and the project's final environmental documents.

After a morning in which the item was first continued to March 18 and then put back on the agenda, Council passed the funding without discussion as part of $8.7 million in Measure R Local Return funds.

Last Friday, Councilman Jose Huizar's motion to reprogram $1 million toward the streetcar generated some intense debate in Council chambers. The item was continued one week so that Transportation committee chair Bill Rosendahl could be present for a vote.

According to a release put out this afternoon by Huizar's office, the new funding and existing allocations by the Community Redevelopment Agency are enough to take the streetcar through its environmental and engineering phases.

The project is estimated to cost $125 million. A recently-released economic study said that the project would generate $1.1 billion in new development and 2,100 permanent jobs.

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Downtown Streetcar

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