Thursday, August 11, 2005
Getting and not getting cost-benefit analysis
Not getting it: An eight-mile light rail in St. Cloud to reduce congestion on Division Street (State Highway 23). Cost would be about $500 million (assuming costs similar to the Hiawatha Line in Minneapolis). How many cars would get off Division? Given that Northstar Ridership is projected to be 9600/day and MTC (bus) ridership is far less than that, it's not unreasonable to think we could spend more than half a million per car removed.