In January 2018, Metro’s Board approved the Twenty-Eight By ’28 initiative, which is a series of transportation improvements slated to be completed between 2018 and the 2028 Summer Olympics and Paralympics in the LA area. The projects are intended to provide long-term benefits to the region that extend beyond the 2028 Olympics.
According to Metro, this list does not replace commitments made in the Measure M. Metro also provides quarterly reports on project delivery and the funding status of the Twenty-Eight by ’28 initiatives.
According to The Source, Metro’s blog, the plan includes eight road and transit projects that will need to be accelerated from the existing Measure M timeline to be ready in time for the Games. The article explains, “In other words, money would need to be found to move the completion dates forward and, under Measure M, accelerated projects can’t result in delays for other projects.”
This means that an ongoing issue for the 28 projects is funding, as the price tag for the initiative is expected to be approximately $26.2 billion beyond existing funding, including that provided by Measure M. (Source: Curbed.)
Some of the ideas that are being considered for financing the projects are as follows:
- Fair increases for trains and buses
- Congestion pricing for vehicles
- A toll system for drivers known as VMT pricing, which is based on distance driven in a given time period
- Public/private partnerships
- Federal grants
- Taxes on ride-sharing services like Uber and Lyft
- Tax on scooters and bicycles
The following list shows the Twenty-Eight by ’28 projects along with their target and current completion dates (Source: Metro.):28x28_list