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Project Profile: Westside Purple Line Extension, Section 2

Westside Purple Line Extension, Section 2

photo credit: Los Angeles County Metropolitan Transportation Authority

Location

Los Angeles, California

Project Sponsor

Los Angeles County Metropolitan Transportation Authority (LA Metro)

Program Areas

Alternative Project DeliveryProject FinanceValue CaptureTIFIA

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 sections of the project using 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 (including two stations), 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.

Section 2 stations will be located at Wilshire/Rodeo and Century City Constellation. Section 2 also includes the procurement of 20 new heavy rail vehicles compatible with the existing system.

Cost

$2.411 billion (Section 2)

Funding Sources

Federal Sources

  • TIFIA loan - $307 million
  • FTA New Starts Grant - $1.187 billion
  • CMAQ - $169 million

Local Sources

  • Measure R local sales tax - $692.7 million
  • Repayment of Capital Projects Fund - $54.8 million
Project Delivery / Contract Method

Design-build

Private Partner

Design-builder - to be selected

Project Advisors / Consultants

To LA Metro

  • Financial Advisor - Montague DeRose and Associates
  • Legal Advisor - Norton Rose Fulbright

To USDOT Build America Bureau

  • TIFIA Financial Advisor - Deloitte Financial Advisory Services
  • TIFIA Legal Advisor - Squire Patton Boggs US LLP
Lenders

USDOT TIFIA

Duration / Status

Design-build contract award anticipated in early 2017.

Revenue service operations is expected in 2025.

TIFIA Credit Assistance

Direct Loan - $307 million

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

Financial Status / Financial Performance

The TIFIA loan agreement was signed on December 20, 2016. Principal repayment of the TIFIA loan will begin in 2020, and will amortize through final maturity anticipated in 2037.

Innovations
  • Approximately 41 percent of the project budget is funded from voter-approved sales tax measures devoted to transit projects, which will be used for project expenditures and to repay the TIFIA loan.
Related Links / Articles

LA Metro Purple Line Extension Project Website

LA Metro Program Management Dashboard

Contacts

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

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