The $9.3 billion extension is supposed to be finished by 2034, with BART trains whizzing underneath downtown San Jose and into Santa Clara
The Biden administration included a major gift to the Bay Area in its Thursday federal budget proposal: $500 million to build BART through San Jose, a vital revenue boost to a project racked by escalating cost projections.
The $9.3 billion extension would have BART trains whizzing underneath downtown San Jose and into Santa Clara. But the cost and time estimates have doubled since 2018, and more recently theasking for a historic $4.6 billion federal grant. So far, the Federal Transit Administration has agreed to fund up to $2.3 billion.
“There is some inflation panic, and materials panic and labor panic,” said Eric Goldwyn, a New York University professor who studies transit project costs. “So we are getting less for every dollar we put out there.” Speaking to reporters, Nuria Fernandez, the Federal Transit Administration head, said Washington’s contribution, if approved by Congress, will be made available only if the agency secures a final construction agreement.
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