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Originally Posted by fimiak
Just to add on, high speed rail to San Francisco isn't projected to be complete until 2026, and 2029 for actual service to LA, so building the tracks with money from 2013 is not necessary. This project is going to be a big park/pee station for tourists/bus terminal for nearly ten years. Nobody knows where the billion+ for the caltrain extension is going to come from just yet...however there are potential plans to sell the 4th and King st air space to developers to offset some costs.
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if the money were available now or soon, I would push for the extension to be built as soon as possible so that at least Caltrain could take advantage of it. the other constraining factor (besides $) is electrification, which is a prerequisite for the tunnel and scheduled to be completed around 2019 as well.