As expected, Metro Board of Directors voted today to purchase Union Station for $75 million. From the press release: "The Los Angeles County Metropolitan Transportation Authority (Metro) today announced that it has successfully negotiated the purchase of Los Angeles Union Station from Catellus Operating Limited Partnership for $75 million, a move that sets the stage for future expansion of the “last of the great railway stations” built in North America.....Use of the station is expected to experience strong growth through a combination of factors, including planned construction of the Regional Connector transit project through downtown, the future Metro Silver Line express bus station on Patsaouras Transit Plaza, a growing retail presence and future high speed rail plans for Los Angeles." The possible sale had been rumored, and then confirmed. [The Source]
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