Metro officials, local elected leaders and Los Angeles Mayor Eric Garcetti celebrated Friday the signing of a construction contract for the Metro Gold Line Foothill Extension.
The Foothill Gold Line Construction Authority Board of Directors awarded the design-build contract for the next segment of the Metro Gold Line light rail system to the Kiewit-Parsons team in August.
“Today, as we sign the contract that kicks off major construction for the next Gold Line segment, we are one step closer to improving mobility and the quality of life for hundreds of thousands of residents, workers, students and others as they travel to and from the San Gabriel and Pomona Valleys each day,” Pomona Mayor Tim Sandoval said.
The extension has been called one of Metro’s top priorities to be completed before the 2028 Olympic Games in Los Angeles. It’s also the fourth major Metro-related construction project currently active in the county.
The contract includes $805.6 million to study the first nine-miles of the project from Glendora to Pomona, with a two-year contract option to complete the full 12.3-mile project to Montclair for a total contract amount of $1.1 billion, if additional funds are secured by October 2021, officials said.
The signing took place at Pomona City Hall. The extension will begin construction in 2020, and is expected to reach Pomona in 2025. If the Montclair option is activated, construction will continue until 2028.
The project could create as many as 16,000 jobs and up to $2.6 billion of economic output for the region, as well as up to $1 billion in labor income and potentially $40 million in tax revenue, a study by Beacon Economics stated.