Quote:
Originally Posted by quobobo
Read the link again. London and New York are both outliers with costs >= $1B/km.
There are plenty of big expensive first-world cities on that list that are much cheaper, including Paris, Tokyo, and Singapore.
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Interesting, I didn't realise it could go so cheap, although we do have to trust his numbers (we could simplify the costs for Calgary's West LRT and say it cost ~$2B per km of tunnel). As another poster mentioned, there are often good reasons for the high cost - in London it is due to huge stations threaded between many tube lines etc.
The scale of these projects is often enormous - and they have to be because that is what is required to get value for money. Cheaping out is always regretted in the long term.
What sort of costs are likely for new subways in Toronto, I seem to remember it being fairly expensive?