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FORT LAUDERDALE STREETCAR
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<p>There are two streetcar projects underway in Dallas.</p> <p>The McKinney Avenue trolley system is being extended down St. Paul Street to Federal Street, along Federal Street to Olive Street, and back out on Olive Street to McKinney Avenue. The total distance is slightly more than a mile. The estimated cost as of April 2012 was $6.8 million. Approximately half of the funds are being provided by the federal government.</p> <p>The other streetcar line is being built in two phases. The first phase will run from the Dallas Convention Center, which is located downtown, to the Methodist Hospital District in Oak Cliff, which is just across the Trinity River, for folks brave enough to call it a river. It will run across the Houston Street viaduct, which has been closed for construction of the streetcar line. The estimated cost of the first phase as of April 2013 is $48.6 million. The line is approximately 1.5 miles. The second phase, which is .7 miles, would extend the line to the Bishop Arts area. It would add another $30.87 million to the construction cost. The estimated total cost of the project is $79.5 million. </p> <p>I did not figure the debt service cost for the projects. As is the case for all capital projects of this nature, debt service can add significantly to the project cost. The cost of the McKinney Avenue trolley extension does not include any additional operating equipment. The cost of the Oak Cliff line includes two sets of equipment. They appear to be similar to the modern streetcars that I saw in Melbourne, Australia. In addition, DART estimates that the operating cost of the Oak Cliff line will range from $250,000 to $2 million, which is a pretty broad estimate. </p>
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