Colas Construction, Inc. recently completed the interior construction of the new 12,000 square foot Portland Streetcar Maintenance Facility Building. The new Maintenance Facility building will service existing and new streetcars that will be added to the Portland Streetcar Loop Project.
The Portland Streetcar Loop Project is a 3.3-mile double-track extension of the existing Portland Streetcar which opened in July of 2001. The Portland Streetcar Loop Project will extend tracks from the Pearl District, across the Broadway Bridge, connecting via Weidler Street to Lloyd Center at NE 7th Avenue, south on MLK Blvd. to OMSI and return north on Grand Avenue to Broadway and the Pearl District. The Loop Project will provide 28 new streetcar stop locations.
The cost estimate for the Loop Project is $148.27 million dollars with $75 million provided by the Federal Government, $15.50 million from a local improvement district, $27.68 from the Portland Development Commission, $3.62 million from regional funds, $6.11 million from SDC/other City funds and $.36 million from stimulus funds. $20 million is from State lottery funds which will pay for 6 streetcars manufactured locally by United Streetcar, LLC, a subsidiary from Oregon Iron Works.
Portland Streetcar, Inc. (2011) Retrieved December 28, 2011 http://www.portlandstreetcar.org/node/11