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Financial Progress on Potomac Yard Metro With $50M Loan

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While Alexandria has no idea where it will place a new Metro station, it's still making progress on the financial side with a $50 million loan from the Virginia Transportation Infrastructure Bank. The funds will go to construction of the Potomac Yard Metro station, which will cost between $209 million and $268 million and will service the Blue and Yellow lines. According to Washington Business Journal, any remaining costs will be covered by federal funding, private developers' contributions, and the Northern Virginia Transportation Authority. For now, what the public can expect time-wise is a public review of the station in March, a location for the Metro set in April, and the opening of the station in 2018.

· Alexandria receives $50M state loan for Potomac Yard Metro station [Washington Business Journal]
· Metro Madness [Curbed DC]