USD/BTC = $107,511
Block 875,180
The Honolulu Authority for Rapid Transportation is counting on another $600 million in federal funding to complete the rail project to Kakaako, but Donald Trump’s election raises concerns that money might never actually arrive. (David Croxford/Civil Beat/2024)
The national rail industry has concerns that a Republican-led U.S. Senate and the president-elect may object to further federal spending on rail projects, but it is unclear how that might affect the Honolulu project and the remaining $619 million in committed federal funds.
The $10 billion elevated rail line has been struggling for years with construction delays and vast cost overruns.
The original 2012 agreement with the FTA called for the rail line from East Kapolei to Ala Moana Center to be completed by 2020 for $5.2 billion. The city finally opted in 2022 to scale back the project to end it in Kakaako to try to hold the cost below $10 billion.
Construction is now scheduled to be completed in 2030.
Sheesh the project is failing on both price and schedule. A massive miss by the engineering firms and the prime contractor and now they need Trump to bail them out. If they don’t get the funds this project will be unfinished and a massive waste of funding, time, and resources.