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North Corridor Station Location: Hambright Options <br />Current alignment <br />prevents <br />development along <br />NC-115 and places <br />station immediately <br />opposite CMS <br />schools. <br />Alternative alignment <br />permits development <br />along NC-115, and <br />avoids the schools, <br />two major curves <br />and five private <br />crossings. <br />North Corridor Station Location: New Hambright village <br />Mixed use <br />development would <br />support 360- <br />degree TOD with <br />strong residential, <br />retail and office <br />New station would <br />be centerpiece of <br />development <br />North Corridor Station Location: Hambright Options <br />COST <br />base Case <br />(Track Stays) <br />Hambright Station <br />(Track Moves) <br />Alternative Costs <br />Track Cost $ 2,500,000(1) $ 8,800,000(2) <br />Grade Crossing $ 750,000(3) $ 1,500,000(4) <br />Station Cost $ 1,000,000(5) <br />Land Cost (6) $ - <br />TOTAL COST $ 3,250,000 $ 11,300,000 I <br />CATS Share (2) $ 3,250,000 $ 5,250,00016) <br />Town /Developer Share $ • $ 0,050,000(7) <br />1) Assumes $2 millionhnile for track upgrades for 1.25 miles <br />2) Cost provided by PB <br />3) Three grade crossings - $250,000 per crossing <br />4) Five grade crossirgs - $250,000 per crossing <br />5) Assumes $1 million for station and parking <br />6) Assumes CATS' contributes $2 millionhnile for track upgrades for 1.25 miles, $750,000 for <br />3 grade crossings - 3 quad gates, and $2 million for the station (land, parking, and facilities) <br />7) Assumes developer donates lend for parking 5.5 acres <br />