From Carolina Journal Radio Program No. 760: N.C. lawmakers recently heard a progress report on the nearly $1 billion in bond funding voters approved for new building construction and renovation projects throughout the University of North Carolina system. Several legislators raised questions about a single data point: the $464 average cost per square foot of new construction. You’ll hear their concerns, along with the response from the UNC system associate vice president overseeing bond-funded projects.
CATS gold line streetcar beset with financial woes, federal data reveals
A federal report finds that the cost incurred to move a single passenger one mile is $18.71 on the Charlotte’s Gold Line streetcar. This comes in addition to logistical problems faced by CATS Gold Line rail over the past three years.