FasTracks
FasTracks is a multi-billion dollar public transportation expansion plan under construction in metropolitan Denver, Colorado, United States. Developed by the Regional Transportation District (RTD), the plan consists of new commuter rail, light rail, and express bus services. Six new light rail, electric commuter rail and diesel commuter rail lines with a combined length of 122 miles (196 km) will be constructed under the plan. It expands on previous transportation projects, notably T-REX, and includes 57 new transit stations and stops, 21,000 new parking spaces, 18 miles (29 km) of a bus service between Denver and Boulder and the renovation of Denver Union Station as a multi-modal transportation hub.
Originally envisioned to cost $4.7 billion and to be completed in 2017, voters in the eight counties that comprise the RTD approved a 0.4 percent sales tax increase in 2004. The 2008 global financial crisis caused a drop in revenues and material costs rose faster than forecast. By 2010, the budget grew to $6.5 billion while projected revenues dropped to $4.1 billion. Another tax increase was not put on the 2010 or 2012 ballot, although the project is not expected to be finished until at least 2044. Alternative funding sources, such as public-private partnerships, have been sought to complete projects as quickly as possible.