Tuesday, July 21, 2009

Atlanta seeks stimulus funds for streetcar plan

Written by  Luther S. Miller, Senior Consulting Editor
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Atlanta’s on-again, off-again plans for a Peachtree Street streetcar line appear to be on again, as the City Council, in an 11-3 vote, approved a motion to apply for federal stimulus funds to build part of the line.

Two supportive groups, the Central Atlanta Progress and the Midtown Alliance, have agreed to contribute up to $300,000 to study the proposal to run streetcar lines along Peachtree Street from the city’s downtown to Midtown and from the King Center to Centennial Olympic Park.

The two groups, joined by the city and MARTA, plan to apply for up to $300 million in stimulus money to finance the project's capital costs. Supporters plan to file for the funds prior to a Sept. 15 application deadline.