City Council OK's Funding for Downtown Streetcar
One of two proposed routes; download full-size .PDF maps here (via goLAstreetcar)
Last summer, the streetcar project missed out on being awarded federal funding, but local advocates have been pushing hard in support of the project. In October, Los Angeles Streetcar, Inc. raised $200,000 to help sustain administrative costs for their non-profit group working to get the streetcar operational in the next five years.
Projected figures associated with the construction of the streetcar indicate an addition of 9,300 jobs and $125 million in private investment, and, once the line was running, an extra $24 million in added annual revenue from tourism and consumer spending.