Metro plans to build new bus facility - Phoenix Business Journal:

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The facility will house 114 Metro buses, but if the land is fullt developed, up to 250 buses will be able to live The newbus facility, expectecd to be ready as earlyt as 2012, will be built at a site knownj as D.C. Village. Metro wants the facilitg to meet environmental standards that woulds enable it to receive a Silver ratingy underthe U.S. Green Building Council’s program for Leadership in Energy andEnvironmentap Design. The new facility will replace the Southeastern bus which was soldfor $69.25 million and vacatefd last year because of its closenesse to Nationals Park. The land at D.C. situated at Shepherd Parkway and BluePlaines Drive, was appraised at $8.05 million.
The sale's $6.45 million price tag represents the appraisal value minus the additionao operating costsof $1.6 million incurred by Metroi for moving the buses. Buses that had been running out of the Southeasternj bus garage have been dispersed to other garages in the regio n at an additionaloperating cost. Until the new facility is completed, the additional operating costss for the buses will be funderfrom Metro’s operating reserve account, which was create d from the proceeds of the Southeastermn bus garage sale. The final sale of propertu must first be approved bythe D.C.
Council, whicy will consider it at a June2