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Downtown Redmond Link Extension (Sound Transit)

Downtown Redmond Link Extension
Alternate Project Name
DRLE Project
Project Type
Public Transit
Financing Type
TIFIA
Status
Credit Agreement Executed
Sponsor/Borrower
Central Puget Sound Regional Transit Authority
Project Description

The Project will extend the Link light rail system 3.4 miles south from the Redmond Technology
Station (opening in 2023 as part of the East Link line) to downtown Redmond. The Project was
initially part of the original East Link project but was postponed due to funding constraints due
to the 2008/2009 Recession. It will improve access to transit, reduce transit travel times, and
improve access to employment for minority and low-income populations along the Project path
(including East Link).

The Project will include construction of two new stations and the purchase of 20 new light rail
vehicles (LRV), as part of a planned 122 LRV purchase program, as well as train control and
signals, communications, traction power supply and distribution, and fare collection systems and equipment.

Project Details
TIFIA Assistance
$521.00M
Primary Revenue Pledge
Sales Tax Revenues
Project Cost
$1600.00M
Fiscal Year Closed
FY2021
Application Details
Applicant
Central Puget Sound Regional Transit Authority
Credit Agreement Executed
Estimated Project Cost
$1600.00M
TIFIA Request
$521.00M
Instrument Type
Direct Loan