The skinny on a privately funded light-rail along Woodward is still a bit of a mystery. But, this mystery project may find success where others have struggled.
By skipping the bureaucratic local, state, and federal cash, the 3.4 mile rail loop could show up in record time, paving the way for additional mass-transit projects.
And even though the backers aren't coming forward, their project is certainly becoming the talk of the town.
Excerpt:
Crain's Detroit Business first reported last week that a private-sector proposal, known as the Woodward Transit Catalyst Project, would involve a mass transit line on 3.4 miles of Woodward, but few details have emerged, including the names of potential investors.
What is known is that the street-level loop would run between Hart Plaza and Grand Boulevard, and a dozen stops would be placed in high-traffic areas that include major businesses, theaters, ballparks, museums and hospitals.
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