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A fundraising event held at L.A. Live brought in $200,000 for the non-profit group who is working to get a streetcar system implemented in Downtown, reports the Downtown News. The money will be used to help fund administrative costs for the group.Los Angeles Streetcar Inc. brought in about twice as much funds as they'd hoped to at the event that was "co-hosted by 14th District Councilman José Huizar, philanthropist Eli Broad, developer Rick Caruso and Anschutz Entertainment Group President and CEO Tim Leiweke." Power players present included Art Leahy (CEO, Metro), Councilwoman Jan Perry, Chris Essel (CEO, CRA), and Cardinal Roger Mahony.
The non-profit's executive director says his " latest timeline envisions the streetcar running within five years."
Previously:
- Streetcar Planned for Downtown Not Included in Latest Round of Federal Funding
- Downtown Streetcar Non-Profit Readying to Rally the Public
- Downtown Streetcar Takes Big Steps Toward Reality
