syn
Senior Member
You mentioned yourself that the original $2 billion estimate was not properly researched, and yet you want to use it as the base to count the subsequent increase.
The $4.3 billion estimate was a result of a proper study. There is no guarantee it won't grow at all, it could grow by 10% or 20%, but not by 63%.
Furthermore, quite obviously nobody will build the extension to Sheppard if its cost somehow escalates that much. In that case, at most they will add back the Lawrence East station but still terminate the line at STC.
So, you are bundling together all worst-case scenarios, to make the subway project look as expensive as possible:
- Exaggerated cost escalations
- Absolutely no steps taken to reduce the construction costs (possible steps are discussed in this thread and elsewhere)
- And yet, the subway goes all the way to Sheppard
Each of those isn't very likely to happen, but all together are absolutely impossible.
The cost went from $2 billion to $2.9 billion to $3.2 billion to $3.35 billion. The final two increases happened over a 6-8 month period. The current estimate by city staff confirms the final cost could be 50% higher as most of the design work hasn't been done.
Are you not seeing a pattern here?
Do you seriously expect the cost to decrease?? When's the last time that happened?
The $4.3 billion cost was 'accurate' 17 months ago, and like the one stop line not based on any real design work done. Expecting that to be anywhere near the final cost (assuming they proceeded) is incredibly naive.
You keep trying to make this about me, but all of these numbers, including the 50% cost increase are directly from the city.
My estimates for added stations aren't unreasonable at all.
Where do you think they're going to save money?
Why do you think the city would add a 50% cost increase if it wasn't a legitimate possibility?