Winston-Salem considers streetcar system

June 28, 2013

People at meeting question costs of proposed streetcar

Friday, June 28

By Wesley Young - Winston-Salem Journal

A streetcar plying the route between Wake Forest Baptist Medical Center and destinations downtown would cost almost $180 million to build, but planners say it would return far more than that in additional investment downtown.

Citing a study tracking the experience of other cities that have put in streetcar routes, planners said the streetcar should stimulate new building alongside the tracks that would be worth far more than the cost of the route.

But some people attending the public open house to show off the plans had questions that the planners couldn’t answer, at least not yet: Where will the money come from to pay the annual $4.3 million cost of operating the streetcar?

Click here to read the rest of the story from the Winton-Salem Journal.

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