Honolulu rail project’s price tag grows to $8.3B
HONOLULU (HawaiiNewsNow) - The price tag for Honolulu's troubled rail project has gone up again, according to a new report.
Jacobs Engineering Group, a federal consultant, estimates the rail project will cost $8.3 billion. That's up from the most recent estimate of $8.2 billion.
Damien Kim, board chair of the Honolulu Authority for Rapid Transportation, said this is welcome news as HART has "gained control of the project costs."
"HART has already implemented several of the report's recommendations and has plans to address the others," Kim said, in a statement.
Jacobs Engineering Group was hired by the Federal Transit Administration to monitor the project construction.
Since 2014, the cost of the rail project has continued to grow from its original price tag of $5.26 billion.
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