FOR IMMEDIATE RELEASE
June 8, 2021
Contact: Juliann Sheldon, 980-250-9269
CATS Rewarded Over $30 Million in Cost-Savings from LYNX Blue Line Extension Project
Charlotte, N.C. – CATS has received permission from the Federal Transit Administration (FTA) to reinvest $30.3 million in cost-savings from the LYNX Blue Line Extension project for future light rail reliability and safety improvements.
Because of these significant cost-savings, CATS received approval from the FTA to reinvest the $15.15 million federal share of the cost savings with a 50/50 state and local match.
"CATS strives to be good stewards of the public dollar. And now, our hard work and effective management of this mega-project are being rewarded," said CATS CEO John Lewis. "We're excited to reinvest these funds into the community in the coming months."
The funds may be used on potential projects including:
- Design and construction of a pedestrian crossing or additional LYNX station in South End
- Acquisition of 14.9 acres to expand CATS' North Rail Yard
- Enhance storm drain issues along LYNX Blue Line
Until fall 2020, the FTA did not allow such use of cost-savings on federally funded projects. CATS will announce exact use-of-funds at a future date.
Learn more about the LYNX Blue Line at ridetransit.org.
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About the LYNX Blue Line
The LYNX Blue Line is the Charlotte region's first light rail service. It is 18.9-miles long and operates from I-485 at South Boulevard to UNC Charlotte's main campus in University City. The LYNX Blue Line Extension, which opened in 2018, cost nearly $1.2 billion and was funded with $580 million in federal funds plus a 50/50 state and local match. With 26 stations, including 11 park and ride locations, the LYNX Blue Line provides a congestion free commute with a consistent travel time.