| Rail is a Game Changer for the Construction Industry |
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Rail is a Game Changer for the Construction Industry by Kirk Caldwell
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| Rail Construction to create jobs |
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The Bus Transit Center Moves Forward
The city held a groundbreaking ceremony for its transit center at Middle Street and Kamehameha Highway on Sept. 28. The facility will serve as the new headquarters for TheBus.
“This project is significant for two reasons,” Mayor Mufi Hannemann said at the event. “First, it will create jobs in the construction industry at a time when unemployment is very high and help stimulate the local economy. Second, over the longer term, the transit center signifies our commitment to developing our multimodal transportation system.”
Hannemann said the Middle Street bus facility would be an integral part of the rail transit station adjacent to that site, joining similar facilities in Mililani and Waianae. (Read More)
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Howard Dashefsky talks to Vancouver's Dan Doyle about SkyTrain, the jobs it created and construction of major infrastructure.
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Transit leaders agree, rail transit construction can pick up the local economy. Joni Earl, CEO of Sound Transit has first-hand experience, see her interview.
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Watch KHON's coverage on how construction of the Honolulu rail system is projected to create thousands of jobs.
Or you can read the KHON online version.
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| Rail Cost |
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KGMB 9's Howard Dicus talks about "New Rail Plan Cost Really Less?" on his daily Business Report on Sunrise.
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Local television station KGMB reports that proposals for the City's rail transit project have come in lower than originally expected, potentially saving Honolulu residents hundreds of millions of dollars.
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| Rail could be the "First Responder" |
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Hawaii Business magazine featured an article with independent research about how rail can boost the state's economy. Select page 10 of the article titled, "Construction Outlook" (with the orange cover).
In the article, UH-West Oahu economics professor Lawrence Boyd's research is cited. Professor Boyd projects the following economic boost from the project:
2009 - $307.2 million
2010 - $ 1.2 billion
2011 - $ 2.1 billion
"Rail trumps all other projects," said Kyle Chock. "It will create the most jobs - an estimated 11,000 - and re-energize the economy..."
Read the full article for details and other perspectives.
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