US Edition
San Jose BART Extension Faces Nearly 2-Year Delay
- The VTA purchased a 17-story office tower for $63.7 million to serve as its headquarters and plans to lease several floors while occupying others, according to Jessie O'Malley Solis, the VTA's director of real estate and transit-oriented development.
- The VTA is looking for a new contractor to bore the BART expansion's tunnel, causing a delay of about 18 months, as VTA Chief Megaprojects Delivery Officer Tom Maguire stated.
- VTA seeks to cut costs by up to $1.2 billion from the project's total of $12.75 billion to secure a $5.1 billion federal grant, as noted by VTA CEO Carolyn Gonot.
- VTA Board Chair Sergio Lopez expressed hope for discussions on cost control to ensure a more affordable and efficient project, stating that they will evaluate all options responsibly.
11 Articles
11 Articles
East Bay Times
VTA scouts for tenants for agency’s new downtown San Jose HQ
SAN JOSE — The Santa Clara Valley Transportation Authority plans to seek tenants to co-occupy a downtown San Jose office tower the agency recently bought to serve as its future headquarters. On May 17, the VTA paid $63.7 million for a 17-story office tower at 488 South Almaden Blvd., according to Jessie O’Malley Solis, the VTA’s director of real estate and transit-oriented development. Related Articles Newark hotel faces foreclosur…
NBC Bay Area
San Jose BART extension faces nearly 2-year delay
Silicon Valley's long-awaited BART expansion could be delayed for another year and a half while officials consider cutting one of the project's largest contracts to save costs.
pleasantonweekly.com
San Jose BART extension faces nearly two-year delay
Silicon Valley’s long-awaited BART expansion could be delayed for another year and a half while officials consider cutting one of the project’s largest contracts to save costs. The post San Jose BART extension faces nearly two-year delay appeared first on Pleasanton Weekly.
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