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Home»Investments»MBTA’s $9.6 billion capital investment plan begins soliciting public comments
Investments

MBTA’s $9.6 billion capital investment plan begins soliciting public comments

prosperplanetpulse.comBy prosperplanetpulse.comApril 26, 2024No Comments2 Mins Read0 Views
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MBTA GM Phil Eng, who appeared at North Station with Gov. Maura Healey in February, said he has seen changes in the way the MBTA does business in his first year in office. (Nancy Lane/Boston Herald)

If you have something to say to MBTA officials about future plans for transit service, now’s your chance.

The MBTA announced Thursday it will hold a 21-day public comment period on its proposed five-year, multibillion-dollar capital investment plan.

According to MBTA General Manager Phil Eng., this period is an opportunity for the public to weigh in as the T considers working on more than 600 independent projects between now and the end of 2029. It is said to give.

“The MBTA’s five-year CIP is a framework that guides how the T plans critical investments in the system, prioritizing critical work for the people we serve. Feedback from the public will be invaluable as we deliver this,” Eng said alongside the announcement.

The five-year plan, which currently has a price tag of $9.6 billion, will be updated annually to ensure the agency’s projected improvements match service needs.

“We are committed to making smart investments as we rebuild our systems and deliver improved, reliable and secure services today, while also planning and strategically delivering capital projects that meet the needs of future generations.” We understand that we have a responsibility to do so,” Eng said.

The MBTA plans to hold two public comment sessions on the proposed investment plan. The first meeting is an in-person meeting scheduled for Thursday, May 2 at 6:30 p.m. on his second floor of the State Transportation Building at 10 Park Plaza in Boston. The second event will be held virtually on Zoom on May 7th at 6:30 p.m. For more information on either session, visit mbta.com/events.

Written comments can be submitted by May 16 through the MBTA’s Capital Investment Plan page at https://www.mbta.com/financials/capital-investment-plan.

According to the MBTA, “Public input is essential to the MBTA’s capital planning efforts, and rider input is highly valued. All comments will be reviewed by MBTA staff and the final CIP will be released in June 2024. A summarized answer will be shared later.

The MBTA defines a capital project as “an investment or activity related to the acquisition, renewal, construction, improvement, and maintenance of capital assets, including project planning and design.”






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