Mayor Gavin Newsom and other elected officials joined Muni officials Tuesday morning in Chinatown to celebrate the start of construction on the Central Subway project and talk about the benefits of the project, which is the second phase of the Third Street Light Rail Project.
“The Central Subway represents a dramatic investment in San Francisco’s transportation future,” Newsom said. Tens of thousands of residents and visitors will use this environmentally-friendly subway to get to work, school and to see their families and friends.”
The project is heavily supported by the Federal government, which has granted $72 million to date through the New Starts Program. In addition, President Obama recommended $20 million in federal transit funding to support the ongoing design of the project.
The total project is expected to cost $1.57 billion, with the federal government contribution close to $1 billion. The project is expected to create as many as 43,000 jobs over the life of the project, which is supposed to be done in 2018.
And Newsom pledged to deliver this project on time and on budget.