Board of Supervisors Confirms Participation in Phase Two of Dulles Rail Project
April 10, 2012
- Estimated cost for building the second phase of Dulles Rail is $2.7 billion—$1 billion less than earlier estimates.
- 80 percent of the county's total cost for the project will be paid for through voluntary, special tax districts.
- Fairfax will make its best efforts to find money outside of the project to pay for the Route 28 Station and the parking garage at this station and Herndon Monroe. But the county will only pay for 16.1 percent of the cost of these facilities if outside funds can't be found.
The Fairfax County Board of Supervisors confirmed the county’s participation in Phase 2 of the Dulles Corridor Metrorail Project.
“The Fairfax County Board of Supervisors reaffirmed our commitment to Phase 2 of the Dulles Corridor Metrorail Project today,” Chairman Sharon Bulova said. “It is my hope that Phase 2 will move forward as planned, and we will all be able to take advantage of the enormous economic development opportunities the Silver Line extension will present.”
Prior to today’s board action, the county sought public input on the cost and financing for the project’s second phase. County officials conducted four public meetings and an online chat, and the board held a public hearing on March 20.
It will take an estimated $2.7 billion to build the project’s second phase based on the preliminary engineering cost estimate released by the Metropolitan Washington Airports Authority on March 6. This estimate is $1 billion less than earlier figures. Savings were achieved by eliminating the underground station at Dulles Airport, value engineering reductions, and project scope changes agreed to by all the funding partners.
As part of the financial deal, Fairfax County agreed to make its best efforts to pay for building the Route 28 Station, along with the parking garage at this station and at Herndon Monroe, outside of the project. The county is looking at several options that include using a public-private partnership, developer contributions, parking revenue, and/or federal or state grants. If the county is not successful in funding the two garages and station outside of the project, Fairfax will only pay for 16.1 percent of the cost for these facilities.
The county’s share for the entire Dulles Rail project is estimated to be $900 to $965 million. Of this amount, $730 million—or approximately 80 percent—will be paid for by voluntary, special tax districts created by landowners.
In the Phase 1 Tax District, landowners agreed to pay up to 29 cents per $100 of the assessed value of commercial and industrial properties, up to a total of $400 million. Phase 2 District property owners agreed to pay up to 25 cents per $100, up to a total of $330 million.
The rail project’s second phase includes six stations along its 11.4 mile run, stretching from Wiehle Avenue in Fairfax County to Route 772 in Loudoun County. Construction is expected to begin in early 2013, and the project is estimated to be completed in 2017.The first phase of the project is currently under construction, and it expected to be completed in late 2013.
The Board of Supervisors today also approved the recommended names for the eight Silver Line stations in the county. These names will be sent to the Washington Metropolitan Area Transit Authority’s board for final approval and adoption.
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