Portland — Streetcar Extension OK'd

Rail Transit Online, August 2006

The city council has voted unanimously to approve an eight-block, $14.5-million extension of the Portland Streetcar from RiverPlace to Lowell Street at the south end of the South Waterfront District.  Lawmakers approved an $11.9-million construction contract with Stacy & Witbeck, which has built all previous streetcar segments, and a $442,200 operating deal with nonprofit Portland Streetcar Inc.  Work is expected to start during August and be completed in fall 2007.  The new line will run in a one-way couplet south on Southwest Moody Avenue and north on Bond Avenue.  In addition to city funding, contributions will come from property owners and a state grant.  The streetcar is considered to be a primary catalyst for redevelopment of the South Waterfront.