P3 Project Analysis of Detroit Streetcar

This public-private partnership is different from the way transit projects have been funded historically — usually with public funds and taxes

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By Janet Moore

Minneapolis Star-Tribune

Earlier this month, I visited Detroit and noticed lots of construction along Woodward Avenue, a thoroughfare stretching north from downtown.

Portions of the street were torn up to make way for the M-1 Rail, a 3.3-mile streetcar line. The $140 million project is funded largely by private businesses and philanthropic organizations, with help from federal, state and city sources.

This public-private partnership is different from the way transit projects have been funded historically — usually with public funds and taxes.

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