Quote:
Originally Posted by untitledreality
If the extension ever comes to fruition how many years away are we looking at for completion? 8 years? 10 years? More?
A decade of intensive use as the Red Terminus alone justifies the investment... additionally, if the extension is completely, what kind of passenger traffic would the Dan Ryan be experiencing?
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Say it takes 10 years until the extension is complete. Say it takes 3 years before funds are finished being sourced and the 95th station is complete. That would mean that $140 million gets 7 years of extra use. $20 million per year. 4 million riders a year. So you're spending $5 per rider for a short-term benefit.
Brown Line stations cost, what $540 million for 17 stations that have at least a 20-year life and served about 37 million riders last year. That's 73 cents per rider (for 20 years of riders at present ridership). THAT's a good deal. $5 per rider - not so much.
Take $20 million, give 95th a good make-over, and put the other $120 million into the extension. That's nearly 10% of the projected cost of the extension right there.