Seattle — Streetcar Analysis

Rail Transit Online, June 2005

An analysis of the proposed South Lake Union streetcar commissioned by the Seattle city council found that projected ridership may have been overstated and there are financial risks for the city because only 29 percent of the project's estimated $47.5-million capital cost has been identified.  In addition, estimates of income from private-sector sponsorship of cars and stations appear optimistic at best based on experience in Tampa and other cities.  However, the chairman of the council's transportation committee said while the report highlights some problems, none appears to be a deal-breaker and the streetcar is likely to get the approval of lawmakers, in part because it’s strongly supported by Mayor Greg Nickels.  The 2.6-mi. (4.18 km) line would connect Westlake Center with the Fred Hutchinson Cancer Research Center on the southeast shore of Lake Union, serving a redevelopment area.