Mayor Reed: BeltLine transit should be funded with up to $4 billion in public private partnership (Atlanta: 2013, live)

[jsvh]

Mayor Reed: BeltLine transit should be funded with up to $4 billion in public private partnership | SaportaReport

[tikigod311]

YESSSSS P3!!! If it gets done, this is how it will be done.


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With the great press and popularity the Beltline has received, hopefully it won't be too hard to find a partner. I know there's not a lot of detail out there just yet, but this sounds like it is exactly what I have been hoping for.

[gerrythesnake]

I told you all this a few months ago.

BTW this also includes light rail on North Ave, etc

[Ant131531]

Is this just talk or is this forreal? I don't want to be 50 and see no rail on the beltline when I come back to visit the city.

[tikigod311]

Originally Posted by gerrythesnake

I told you all this a few months ago.

BTW this also includes light rail on North Ave, etc

What are you using as a source? I mean, it makes sense to go ahead and use a p3 to build and operate all new transit in Atlanta, but you sound specific.

[arjay57]

I agree with mayor on this, although he's a lot younger than I am.

“We’re going to have to have a public private partnership,” Reed said. “We’re going to need to partner with an investor to put up $3 [billion] to $4 billion to put up the rail component. … I believe that is the right way to go because I’d like to ride the light rail while I’m alive.”

See more at: Mayor Reed: BeltLine transit should be funded with up to $4 billion in public private partnership | SaportaReport

If they can get it done within 20-25 years I might make it.

[Ant131531]

Originally Posted by arjay57

I agree with mayor on this, although he's a lot younger than I am.



If they can get it done within 20-25 years I might make it.

Always thought you were probably in your 30s or 40s.

[Nanosolar]

The question is. Can Reed leverage his national and international connections to get the Beltline rail DEAL done in less than 3 years. Then take the next ~ 5 - 10 to complete the entire project. The accomplishment would be along the lines of Hartsfield getting the airport, or Allen (?) that got the major league teams to Atlanta.

[cqholt]

This will be his legacy.

[tikigod311]

Originally Posted by cqholt

This will be his legacy.

Yep.

And he knows it will be huge. I can't think of a single project that would have a greater tangible impact on the city as a whole. I know if I were mayor, this would be my proudest accomplishment.