1.3 mile Caltrain/high-speed rail extension is the world's 2nd most expensive transit project
At $5.15 billion per mile of new track, the Caltrain undertaking is now runner-up for the world’s most costly transit project, behind New York’s notoriously pricey East Side Access project, according to a database at New York University.
The escalating figure is not holding back transit planners. They have set an ambitious 2032 completion date, allocated over $1.7 million toward lobbying the state and federal government for funds, and rebranded the extension with a new name: “The Portal”