Latest Construction Cost Estimate For FasTracks: $7.8 Billion

DENVER (Denver Business Journal) - The latest construction-cost estimate for the Denver area's FasTracks transit project is out, and it's $7.8 billion, up from $6.9 billion in last year's estimate by the Regional Transportation District.

But there's no gap between FasTracks' estimated costs and projected revenues, which were presented to RTD board members Tuesday, because the estimate assumes that RTD in November will ask for — and voters will approve — a 0.4 percent tax increase to help pay the cost of FasTracks.

Read more on the website of CBS4 partner the Denver Business Journal.