Stamford, CT — Streetcar Study Offers Two Routes
Rail Transit Online, February 2010
The just-released Stamford Downtown Streetcar Feasibility Study proposes two route options for the project. Both would be a loop about five miles (8 km) long costing around $129 million.
The analysis, performed by URS Corp., suggests either route would increase
commercial development in the city center and boost property values by 10-15 percent. However, because of the relatively high cost, Stamford elected officials said the streetcar was not likely to be built anytime soon even though, according to URS, it might pay for itself through higher property tax revenue.
A $500,000 city budget item to finance an alternative analysis and environmental assessment has been eliminated because other capital expenditures have a higher priority. However, to prove the concept, a peak-hour only bus lane with signal priority may be installed along one of the loops.