New Orleans Awarded Grant to Expand Streetcar Line

On February 24, 2010 by

The U.S. Department of Transportation awarded TIGER Grants last week to cities across the country, funding projects that “foster job creation, show strong economic benefits, and promote communities that are safer, cleaner and more livable.”    New Orleans shared in the pie of funding, getting a $45 million grant to pay the full cost of a new streetcar line to run along Loyola Avenue, reaching from Canal Street to the Union Passenger Terminal.

Nola.com reports that RTA hopes to have the streetcar line up and running within 2 years.

In addition to the $45 million in federal funding, RTA is hoping to make a “French Quarter Loop” through local investment.

While much of the focus here has been on the development of retail establishments along the streetcar line, here are some benefits we see:

  • $45 – $115 Million investment into building the new lines;
  • Increasing alternative transportation options for residents and tourists (including transportation to the train station)
  • Additional step for New Orleans towards more sustainable practices

Congratulations to RTA and the team working on the TIGER Grant.

This article was originally posted on Wolfe Law Group’s topic-specific Louisiana Green Building Law Blog.

On Feb 24, 2010

by