M-1 rail discussion

[27 Mile]

Whole Foods in midtown is a heavily subsidized grocery store with private security and tons of free press. It's was a low risk PR project for Whole Foods. It's nothing like this M-1 project.

[corktownyuppie]

Whole Foods in midtown is a heavily subsidized grocery store with private security and tons of free press. It's was a low risk PR project for Whole Foods. It's nothing like this M-1 project.

I'm not sure what you mean. All three components of your statement are factually incorrect. I don't know if the thing will be successful or not, but I feel like one of us is sorely misinformed.

M-1 is a heavily subsidized transit project which will get tons of private security and is already getting tons of free press.

[professorscott]

Someone a bit up the thread surmised that the operating funds for M1 Rail will cause less money to be available to DDOT; at least that's what I took from the comment. The M1 Rail consortium has pledged to fund operations for the first ten years. The grand scheme is that by then the RTA will be fully functional and able to take it over. If that doesn't happen then I can foresee the system continuing to be funded in some way by downtown development, such as by a tax-increment finance authority. But in no way is there any intent for the City per se to fund operations - which is the only way you could reasonably link it to any decrease in DDOT funding.

[corktownyuppie]

Someone a bit up the thread surmised that the operating funds for M1 Rail will cause less money to be available to DDOT; at least that's what I took from the comment.

I was unsure where any operating costs would be shouldered above and beyond fare/advertising revenue. I had surmised that DDOT would pick up the gap but stand corrected. Thank you.