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Project Profiles

Westside Purple Line Extension, Section 1

Location

Los Angeles, California

Project Borrower / Sponsor

Los Angeles County Metropolitan Transportation Authority

Program Area

Project FinanceTIFIANon-Road Pricing Revenue

Fiscal Year Approved

Fiscal Year 2014

Mode

Heavy Rail Transit

Description

The Purple Line Extension (formerly known as the Westside Subway Extension) is the extension of the Purple Line from its current terminus at Wilshire/Western nine miles to Los Angeles' "second downtown" through the neighborhoods of Beverly Hills, Century City, and Westwood. The new line will ultimately add seven stations upon the completion of all three phases of the project. Section I of the project also includes the procurement of 34 new heavy rail vehicles compatible with the existing system and improvements to existing Division 20 Rail Maintenance and Storage Yard to accommodate additional vehicles.

The extension is currently slated to be built in three sections by the design-build delivery method: Section 1 is a 3.9-mile long segment along the Miracle Mile to Wilshire and La Cienega Boulevards (including three stations), Section 2 is 2.6 miles from La Cienega to Century City, and Section 3 is a 2.9-mile section through Westwood to the VA Hospital. The extension will consist of twin tunnels approximately 20 feet wide, located 50-70 feet underground. The tunnels will be constructed using the cut and cover method.

Cost

$2.648 billion (Section I)

Funding Sources

Federal Sources:

  • TIFIA loan - $856 million
  • FTA New Starts Grant - $1.25 billion
  • CMAQ - $12 million

State Sources:

  • Regional Improvement Program - $3 million

Local Sources:

  • Measure R - $366 million
  • City of Los Angeles - $77 million
  • LA Metro Lease Revenues - $44 million
  • Other LA Metro Funds - $35 million

Project Delivery / Contract Method

Design-Build

Private Partner

To be determined

Project Advisors / Consultants

The PFM Group - Financial Advisor

Fulbright & Jaworski - Counsel to the Borrower

Additional Advisors

To USDOT TIFIA JPO:

  • TIFIA Legal Advisor: Squire Sanders
  • TIFIA Financial Advisor: Infrastructure Management Group

Lenders

USDOT TIFIA

Duration / Status

Construction of Section 1 is expected to begin in 2014, after receipt of a New Starts Full Funding Grant Agreement and TIFIA loan.

Anticipated completion date of Section I is 2024.

TIFIA Credit Assistance

Direct loan: $856 million

TIFIA loan will be repaid with Measure R local retail sales tax revenue.

Financial Status / Financial Performance

TIFIA credit agreement was executed on May 21, 2014.

Financial close occurred on May 21, 2014.

Innovations

Approximately 32 percent of the Project budget is funded from voter-approved sales tax measures devoted to transit projects, which will be used to repay the TIFIA loan.

Related Links / Articles

LA Metro Purple Line Extension Project Website

Contacts

Metro Purple Line Extension
(213) 922-6934
purplelineext@metro.net

Federal Highway Administration | 1200 New Jersey Avenue, SE | Washington, DC 20590 | 202-366-4000
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