Austin Business Journal Article
January 11, 2008
By Kate Harrington, ABJ Staff
The Real Estate Council of Austin is jumping into the Central Austin transportation discussion with a $101 million proposal for a new system of parking garages and bus routes downtown, dubbed "Downtown Austin Park and Ride."
The idea will be presented to the Capital Area Metropolitan Planning Organization's transit working group on Jan. 14.
According to a RECA executive summary of the proposal, the plan suggests building five parking garages -- with about 1,000 spots each -- near the worst intersections in downtown Austin. The proposal also calls for a transit circulator system that would be rubber-tired, but would look and function like a rail car, to shuttle people from the garages to their final downtown destinations...
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