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Pricey Muni stop highlights the public cost of a our new “privately financed” arena

For those of us who follow the San Francisco arena developments closely, this recent article from Matier and Ross came as no surprise.

It turns out that the Muni Metro platform that is going to be installed at the arena is coming in over budget and the agency is asking for the city of San Francisco to pay for it.

A predictable pattern

Looking at the summary from the article, it’s clear that the initial cost proposal was way too low. In 2015, during the planning and approval phase of the arena, the new Muni stop cost was estimated at $27 million.