http://www.mystatesman.com/news/news/lo ... al-/nshNm/
By Taylor Goldenstein - American-Statesman Staff
Posted: 3:31 p.m. Thursday, Sept. 29, 2016
1. We’re at the beginning of a first-blush study. The viability study will cost $15,750, funded in equal parts by the city of Austin, Capital Metropolitan Transit Authority and Central Texas Regional Mobility Authority, which voted this week to participate. Still, the prospects for such a system are hazy. If it’s deemed viable, the agencies would have to decide whether to embark on a more extensive feasibility study that could cost as much as $1.5 million.
2. Building the system could cost between $290 million and $550 million. The proposal by design firm Argodesign consists of an initial 8-mile, 19-stop line on South First Street running from Slaughter Lane and then, after crossing the river, on Guadalupe Street to Martin Luther King Jr. Boulevard. How it would be funded is unknown.
More interest around the world.
http://www.mnn.com/green-tech/transport ... an-transit
Ficklin and his team anticipate that the system — a “meaningful mass transit line in the middle of the city” that, like other urban gondolas, would be cheaper and easier to build than light rail, subway lines and bridges — could accommodate between 2,400 to 6,000 riders per hour. This, by Ficklin’s estimates, is equal to running 100 full city buses per hour. The continuously loading, schedule-free system, which would run 19 hours a day to accommodate Austin’s sizable population of queso-scarfing night owls and insomniac students, would be fully ADA compliant. Commuters would also be able to bring their bikes along for the ride.