State Route 520 Bridge Funding Requires Leadership
The estimated cost now is as high as $4.4 billion to replace the dangerously earthquake-prone Evergreen Point Floating Bridge on State Route 520, which crosses Lake Washington to connect the populous and job-rich Eastside with Seattle. But only $560 million is in hand; and the rest is decidedly iffy, as the Seattle Post-Intelligencer reports. (UPDATE: The state DOT’s 520 page lists $1.25 billion in identified funding, including $700 million in tolls). The P-I editorializes we need to get the full funding package pulled together ASAP. …we’re told that the Evergreen Point Bridge will be rebuilt, pronto, even though we’re $3.5 billion short on the project’s budget. We currently have just under 20 percent of the bridge’s $4.4 billion secured….This “build Read More ›