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WSJ showcases FasTracks

The Wall Street Journal reported on the successes and challenges of Denver's transit expansion.

Excerpt:

The system opened two new rail lines this year -- one to the city's airport and one to northern suburbs -- both operated under contract by private company Denver Transit Partners LLC. Two more lines are scheduled to open by the end of 2016.

Financially, RTD is "basically doing everything right," said Jeff Brown, who researches public-transit system finances and is chairman of Florida State University's Department of Urban and Regional Planning.

Still, in 2013 the RTD spent the most in capital costs per passenger ride among the nation's 15 largest transit agencies, due to the cost of its buildout. And it isn't immune from economic concerns.

Read the rest here.
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