Hampton Roads Pressroom
A cost to complete and a new date
Post Date: Feb 18
February 18, 2010
Click Here to view HRT Cost to Complete
Norfolk, Va. – Hampton Roads Transit announced Thursday that the final cost to complete
construction of The Tide will be $338.3 million and that passenger service will begin in May
2011.
The new figure comes after a six-month review by HRT and its financial advisor to identify costs
not fully [...]
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HRT chief asks for state investigation of light-rail project
Post Date: Feb 16
By Debbie Messina
The Virginian-Pilot
© February 14, 2010
NORFOLK
Hampton Roads Transit’s new president and CEO, Philip Shucet, on Saturday called for the inspector general to investigate the agency’s light-rail project and business practices.
HRT in recent months has been faulted for amassing more than $100 million in cost overruns on Norfolk’s starter light-rail line and for failing to [...]
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HRT chief: Light-rail ’soft costs’ are way out of line
Post Date: Feb 10
By Debbie Messina
The Virginian-Pilot
© February 10, 2010
NORFOLK
Nearly half of the budget to build Norfolk’s light-rail starter line is “soft costs” such as consulting, legal and administrative fees, which is almost twice the norm for this kind of project, Hampton Roads Transit’s new leader, Philip Shucet, told the City Council on Tuesday.
“They just don’t make any [...]
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Beach council split on money for light-rail study
Post Date: Feb 10
By Aaron Applegate
The Virginian-Pilot
© February 10, 2010
VIRGINIA BEACH
A sometimes angry, sometimes resigned City Council was split Tuesday on a request from new Hampton Roads Transit chief Philip Shucet for about $245,000 to finish a now-delayed light-rail feasibility study for the city.
The council previously thought HRT would pay for the study, now estimated to cost $6.6 [...]
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Norfolk’s light rail to begin service spring/summer 2011
Post Date: Feb 09
By Patrick Terpstra, 13News
Posted on February 9, 2010 at 12:24 PM
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NORFOLK — Light rail trains will be running in the spring or summer of 2011, HRT’s new CEO and president Phil Shucet told Norfolk City Council members Tuesday.
It’s the first estimate from HRT for completion of The Tide since a series of cost overruns and [...]