The Transbay Transit Center will be a state of the art bus and rail station network that will conveniently connect all points in the San Francisco Bay Area. Hailed the "Grand Central Station of the West", the center will accommodate more than 20 million people annually and 100,000 passengers per day. The Transbay Transit Center will be one of the first modern high speed rail stations to be constructed in the United States. Passengers will be able to travel from San Francisco to Los Angeles in under two and a half hours upon the delivery of the High Speed Rail line.
Upon completion of this project, the transit center will reduce CO2 emissions by 1.4 percent statewide, allow for the development of a 5.4 acre park on the roof of the transit center, make way for new real estate developments, create 125,000 new jobs and "reduce carbon dioxide emissions by more than 36,000 tons each year from the Caltrain commuter rail extension alone". The center will serve AC Transit, Amtrak, Caltrain, Golden Gate Transit, Greyhound, MUNI, Paratransit, SamTrans, with connections to BART and the MUNI metro.
The project is expected to cost $4,185,000,000, "escalated to year of expenditure (YOE). It is funded by local, regional, state and federal funds".
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