Cost of a single phase for a folding container used in a subway station

4 FAQs about Cost of a single phase for a folding container used in a subway station

How much did the MTA spend on Phase 1 construction?

During Phase 1, the MTA spent $656 million on consultants to design and engineer the full-length Second Avenue Subway and support and manage Phase 1 construction. Thus soft costs were 21% of Phase 1's $3.16 billion hard costs.

How much does it cost to build a subway station?

Scale is important for much more than just subway stations. Inherently cheaper items such as at-grade construction and systems have unusually high design costs if they are bespoke. Thus, in Boston, it costs $20-25 million to build an above-ground commuter rail station, of which $2-7 million come from one-time design costs.

How much does a shipping container cost in 2024?

Let's get into the shipping container market prices for 2024. The prices show substantial variations that depend on container conditions and locations. The current market shows new one-trip shipping containers ranging from $2,800 to $7,800. Used containers give buyers more budget-friendly options at $1,400 to $3,500.

Why do subway projects cost so much?

In the earlier projects where the agency was still figuring out how to build subways, they would go to tenders with an underdeveloped preliminary design, leading to higher costs due to overdesign overseen by the contractors, as was the case for M4 and earlier projects.