Last November, the residents of Austin approved funding for the construction of two light rail lines (Blue and Orange), a downtown transit tunnel, a commuter rail line (Green), a new rapid bus route (Gold), and three new MetroRapid throughout the city. The controversial project has received criticism for its $7.1 billion price tag and lengthy construction schedule. CapMetro and the City of Austin expect 45% of the project’s cost to come from federal funding, which still leaves $3.9 billion left to local investments and taxing.
The right-of-way (ROW) will expand and is expected to displace residents along the new rails paths. Within this $7.1 billion price tag, there includes $300 million for displacement issues to occur alongside the location of the new rails and rapid bus routes. Final design and procurement for MetroRapid Phase I is expected to reach completion by 2022.
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How can we know whether our property will be taken?