Ever since Gov. Larry Hogan put the kibosh on the $3 billion dollar Red Line project, Baltimore City has been on the hunt for an alternative. A California company has just pitched one: an elevated monorail system carrying high-speed, magnetic levitating, computerized taxis to take passengers directly to their destinations.
It gets even better, if you believe skyTran CEO Jerry Sanders, who said their system can be built for somewhere in the neighborhood of $7 million per mile. Baltimore Business Journal pointed out that the Red Line proposal projected a cost of $205 million per mile.
Sanders told BBJ that the drastically lower price tag represents a public transit game changer. “For the first time, public transportation can be profitable,” he said. “The city doesn’t have to subsidize every passenger, every system — doesn’t have to spend hundreds of millions of dollars buying these expensive systems.”
Sounds nice, huh?
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