HART: Honolulu Rail Faces $1.14 Billion Shortfall, May Cost $8 Billion | WHAT REALLY HAPPENED


HART: Honolulu Rail Faces $1.14 Billion Shortfall, May Cost $8 Billion

The Honolulu rail project may cost as much as $7.967 billion to build and likely won’t be completed until April 2024, the Honolulu Authority for Rapid Transportation acknowledged Wednesday.

The new cost estimate came two days after the Federal Transit Administration sent a letter to HART and Honolulu Mayor Kirk Caldwell criticizing the lack of cost containment on the project, which was originally priced at about $5.2 billion.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA