Charlotte

The Seductive Appeal of Value-Capture Finance 0
- February 8, 2012
Today, the Antiplanner is in North Carolina, where transit agencies seem to be competing to plan the wackiest, most-expensive rail transit lines that few people will ever use. Right now, the leading contender must be Raleigh, which (according to a paper by UNC-Charlotte transport professor David Hartgen and transit accountant Tom Rubin) is planning a […]
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Charlotte Light Rail a Big Flop 0
- July 7, 2010
Let’s see: 100 percent cost overrun? Check. Anemic ridership? Check. Requires tax breaks, tax-increment financing, and other “public investments” to stimulate transit-oriented development? Check. Declared a great success by the transit agency desperate for tax increases to fund further rail projects? Check. Must be light rail. As Wikipedia points out, when planned in 2000, Charlotte’s […]
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