‘A fiasco from the beginning’ — Caltrans’ costs soar on $1.1 billion San Francisco tunnels The Sacramento Bee » Former Gov. Arnold Schwarzenegger celebrated when the California Transportation Commission voted, despite a host of warnings, to pay a contractor more than $1 billion to build two tunnels and a stretch of road outside San Francisco nine years ago. Now the project, known as the Presidio Parkway, is more than two years late and $208 million over budget. When the commission approved another $34 million in delay-related spending last month, two commissioners who originally opposed the project lamented their predictions had come true. “This has been a fiasco from the beginning,” Commissioner Bob Alvarado said at the March 14 meeting. Michelle2019-04-17T13:43:26-08:00April 10th, 2019|California, Highways, Presidio Parkway, Public-Private Partnerships| Share This Story, Choose Your Platform! FacebookTwitterEmail Related Posts Getting There: Congestion pricing isn’t coming to Spokane, but these roads aren’t free and never were April 8th, 2019 The Boring Company: What 8 Cities Really Think of Elon Musk’s Tunnel Vision March 26th, 2019 Sea level rise could threaten California cities and ports by 2040 March 21st, 2019 Multi-billion, decade-long toll road plan gets green light, but bottlenecks loom March 12th, 2019 Genoa Bridge Collapse Throws Harsh Light on Benettons’ Highway Billions March 5th, 2019 Can America Still Build Big? A California Rail Project Raises Doubts February 25th, 2019 How can California capture more water? Competing interests will have to compromise February 25th, 2019 DWR doesn’t expect to use Oroville Dam spillway anytime soon — but it’s preparing if necessary February 22nd, 2019 Northam announces selection of firms to build $3.3 billion tunnel project February 16th, 2019