via.q13fox.com
Sound Transit: Lynnwood light rail is $500 million over budget
SEATTLE -- Soaring costs for labor, materials and land have plans for a light-rail extension to Lynnwood running $500 million over budget. Our news partner The Seattle Times reports that the previous budget estimate of $2.4 billion for the long-awaited project now stands at $2.9 billion. In addition, the line is expected to open six months later than planned, in mid-2024 instead of late 2023.