Charlotte Capital Needs 2005-2014

[Raintree21]

TOP 30 PLANNED PROJECTS

Project Title

-10 Year Cost Estimate

-Status

Garden Parkway (I-485 to Gaston Co, U-3321)

-$288,000,000

-Unfunded State project

Charlotte Outer Loop (I-485)

-$241,275,000

-State-funded

South Corridor Transitway Construction

-$239,733,700

-Funded in 5-yr CIP

North Corridor Transitway Construction

-$166,290,000

-Partially funded in 5-yr CIP

Independence Blvd (Albemarle Rd to Conf Dr., U-209B)

-$108,400,000

-State-funded

Affordable Housing Program

-$100,000,000

-Partially funded in 5-yr CIP

Neighborhoods Improvement Program

-$100,000,000

-Partially funded in 5-yr CIP

Streetcar and Center City Transitway System

-$98,050,000

-Funded in 5-yr CIP

Sidewalk Program

-$88,000,000

-Partially funded in 5-yr CIP

Third Parallel Runway

-$80,000,000

-Funded in 5-yr CIP

I-485 (I-77 to Johnston Rd)

-$72,000,000

-Unfunded State project

Community Development Block Grant

-$64,762,958

-Partially funded in 5-yr CIP

Briar Creek Relief Sewer

-$63,260,000

-Partially funded in 5-yr CIP

Sanitary Sewer Line Rehabilitation

-$62,000,000

-Partially funded in 5-yr CIP

Street and Minor Sewer Main Extension

-$60,300,000

-Partially funded in 5-yr CIP

Buses - New and Replacement

-$60,003,611

-Partially funded in 5-yr CIP

2005 Annexation Areas Future Sewer Lines

-$60,000,000

-Funded in 5-yr CIP

2007 Annex. Area Sewer Trunks

-$59,000,000

-Funded in 5-yr CIP

I-77 Widening (I-485 to NC 73)

-$56,200,000

-State-funded

Water Line Rehabilitation/Replacement

-$54,000,000

-Partially funded in 5-yr CIP

Albemarle Road/Harris Boulevard Interchange

-$53,400,000

-Unfunded

McDowell WWTP Expansion 9/12 mgd

-$53,000,000

-Funded in 5-yr CIP

Innovative Housing

-$51,974,008

-Partially funded in 5-yr CIP

Northeast Corridor Transitway Construction

-$51,280,000

-Funded in 5-yr CIP

Mint Museums (Relocation and Expansion)

-$50,000,000

-Unfunded

Storm Water Repairs to Existing Drains

-$46,800,000

-Partially funded in 5-yr CIP

Master Plan Land Acquisition

-$45,000,000

-Partially funded in 5-yr CIP

2nd Bus Garage

-$44,985,642

-Funded in 5-yr CIP

2007 Annex. Area Water Mains

-$44,000,000

-Funded in 5-yr CIP

I-85 Widening (NC 49 Connector to Speedway Blvd, I-3803)

-$43,666,000

-State-funded

TOTAL $2,605,380,919

Section Highlights

NEIGHBORHOODS

92 projects / $876 million over 10 years

[dubone]

This is great info, raintree! do you have a link to the source for further reading?

I'm going to read it more thoroughly later, but i have question now about some of the dollar figures:

I-77 Widening (I-485 to NC 73)

-$56,200,000

-State-funded

vs.

I-85 Widening (NC 49 Connector to Speedway Blvd, I-3803)

-$43,666,000

-State-funded

That 77 distance is just 4 or 5 miles with only 2 or 3 interchanges vs. 3 times longer and more interchanges for 85 widening (not to mention, they built a wall and streetlights on 85 that i doubt they will do on 77). It isn't like they need to buy land or lengthen bridgespans, because they have plenty of median on this stretch.

Is it just a reflection of materials prices?

[Raintree21]

This is great info, raintree!

[Raintree21]

Check out FY2005-FY2009 Capital Investment Plan for another description of multi-year capital projects for the City of Charlotte.

The City's Capital Budget or Capital Investment Plan (CIP), is a five-year infrastructure plan, that matches the City's highest priority Capital needs with a financing schedule. The plan includes investments in neighborhoods, housing, storm water, roads, transit, water and sewer and the airport.