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.
- $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/columnists/transit-x-offers-a-viable-solution-to-transit-problems/article_c6ec836c-ca91-5f3a-80cb-2cdf82851792.html?fbclid=IwAR0ZMkACi2RC9NLtbGDLM3yjOK_1sqM1kcuZF9ptM4vsJaocpbC810oa83g