There’s no guarantee McCourt will keep funding it either, just that no public money will be spent to build it (but last I saw, McCourt’s financing didn’t include possible overruns either)
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Nothing is guaranteed in life, but in the proposal from LA ARTT (the private org financing the project) there are no public funds needed for operation. Opposing transit because a private org might go bankrupt in the future is not reasonable beyond standard financial due diligence
aug 30, 2025, 12:18 am • 0 0 • view
You keep framing this as anyone who doesn’t want to speed-run the review process as “opposing transit” but I don’t think that’s fair, esp. when it’s a billionaire vanity project that probably won’t have adequate throughput to reduce traffic much. Elon Musk’s “Loop” in Vegas is a total joke, for one.
aug 30, 2025, 12:28 am • 0 0 • view
It’s not speed-running to spend *over a year* on the review. And it’s a gondola, a form of transit that hundreds of thousands of people use worldwide every day, not an imaginary new form of transportation that’s never been tested
aug 30, 2025, 12:31 am • 0 0 • view