Quicken Loans Inc. will get to name the M-1 Rail streetcar project in Detroit.
It won the right to do that by providing financial support during the project’s fundraising campaign.
The 3.3-mile streetcar line is expected to open in late 2016 and cost $140 to build. Construction is currently underway.
Quicken Loans, which is based in Detroit, was founded by Dan Gilbert, who is the owner of the Cleveland Cavaliers as well as the Horseshoe Casino in downtown Cleveland.
M1 rail officials said recognition of other project donors is in process.
Meanwhile, Cincinnati workers poured the last section of concrete for the Queen City’s streetcar line on Walnut Street.
City officials said that marked the end of construction work along that street.
Laying of track continues along Main Street, where construction has progressed to 8th Street from 12th Street.
The 3.6-mile Cincinnati Streetcar line is projected to open in September 2016. The cost of the project has been put at $147.8 million.
Tags: Cincinnati streetcar, Cincinnati streetcar line, Cincinnati streetcar project, Detroit M1 Rail, Detroit Streetcar line, M1 Rail, Quicken Loans
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