Atlanta BeltLine Wins Last Week’s Election

Voters in Atlanta approved a special purpose local option sales tax for transportation (TSPLOST) that will provide $66 million to the Atlanta BeltLine which will allow the BeltLine to purchase all the remaining right of way to close the 22 mile loop.

The City of Atlanta TSPLOST is for four-tenths of a penny or an additional 4 cents on a $10 purchase. This T-SPLOST will generate approximately $300 million over a five-year period to fund significant and expansive transportation projects citywide.  In addition, voters approved a half-penny sales tax for MARTA transit expansion and enhancements in the City of Atlanta.

The approval of the two referenda will implement high priority projects from the Connect Atlanta Plan, the City’s comprehensive transportation plan, the Atlanta Streetcar System Plan, and Concept3, the Atlanta region’s transit plan, and more than a dozen neighborhood and community plans that have been adopted in the last six years, and features projects in nearly all of the city’s commercial districts, including:

  • $66 million for the Atlanta BeltLine, which will allow the BeltLine to purchase all the remaining right of way to close the 22-mile loop;
  • $75 million for 15 complete streets projects;
  • $3 million for Phase 2 of the Atlanta Bike Share program;
  • $69 million for pedestrian improvements in sidewalks; and
  • $40 million for traffic signal optimization.

In addition, the projects include high priority sidewalk and bikeway projects connecting our neighborhoods to 80 Atlanta Public Schools and all of Atlanta’s rail stations.

 

2016-11-23T14:33:44+00:00 November 16th, 2016|Economic News|

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