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By Megan (registered) | Posted February 12, 2015 at 10:27:10
The City has looked at the cost of not implementing LRT.
Page 151 of the complete PW13014 report (which contains Rapid Ready) states: "Summed up the City of Hamilton should see a direct benefit of approximately $130M (reduction in backlog, building permits and tax benefits from development)."
http://www.hamilton.ca/NR/rdonlyres/76D3...
But the modal shift calculation would be interesting to see on top of this.
Comment edited by Megan on 2015-02-12 10:28:12
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