31753LA Union Station Master Plan: Update on yesterday’s Special Board Workshop
- Jul 18, 2014
The Metro Board of Directors held a special workshop yesterday to receive a progress report on the LA Union Station Master Plan, including a cost estimate. This workshop was open to the public and the presentation can be found here.
The presentation covered much of the same materials presented at our June 5th Community Workshop, including further refinements to the concourse and relocated bus plaza concepts, studies on commercial development, and an approach to bike and pedestrian connectivity that includes open spaces, plazas and terraces, and a bridge over the rail yard.
Development costs are projected to be $1.7 billion, excluding costs associated with private commercial development. Of that total, $1.3 billion are considered transit costs and will likely be funded by Metro and its local, state and federal funding partners. The remaining $403 million are for projects whose costs can be shared and are likely to be funded through public-private partnerships under cost-sharing agreements.
A final refinement of the LA Union Station Master Plan and an implementation strategy, including a more detailed financing plan, will be brought to the Metro of Board of Directors in September 2014.
The Los Angeles Union Station Master Plan Team