Thursday, March 31, 2011

Oregonian Article Questions the Streetcar Project

To All COLA LO Members,

The Oregonian published a comprehensive article last week about the Streetcar Project.   It reviews many of the unanswered questions on the project and the political positions taken by local politicians.   

Some of the comments include:

"Yet the project is unlike any in the United States, in both price and ambition, to link a big city and suburb by streetcar. As Portland and Lake Oswego leaders prepare to endorse the project, it remains steeped in unanswered questions: Does privileged Lake Oswego need a streetcar line to Portland? Should a publicly funded transit project be so closely tied to benefiting developers? Does the funding -- which includes the notion that an old trolley right of way purchased for about $2 million will be worth $97 million -- pencil out? Would the project's benefits be worth the price tag"
The article can be found at:

http://www.oregonlive.com/portland/index.ssf/2011/03/lake_oswego_streetcar_project.html

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