$2B Bus Station

Transbay Transit Center costs have increased to the tune of $300 million. That brings the current total for the project to a hair-raising $1.9 billion, an increase of about 19 percent from the expected costs. It's not all bad news, however, as unsold redevelopment properties around the transit center will be sold for more than original estimates thanks to increased real estate costs. Transbay officials are also hoping for "$650 million or more from the federal New Starts program, a competitive grant program that has helped fund major Bay Area transit projects." [SFGate/Curbed SF]