PATH400: Total Project Cost
PATH400 is much more than a trail through the woods; it is a major transportation project providing a critical link and regional connection for tens of thousands of Atlantans.
As with all major construction projects, costs fall into five main categories, including: design, land acquisition, construction, maintenance, and programming. The estimated total cost for PATH400 is $27M. This total incorporates the value of land access contributed by the project partners such as the Georgia Department of Transportation and Norfolk Southern Railroad. Because of the extraordinary cost of real estate in Buckhead, land acquisition represents 25% of the total project budget.
The cost of the 5.2 miles of PATH400 includes the contingency budget of $1.9M. To date, every phase of the project has been within or under projected budget.
In the first three years of the project, Livable Buckhead has worked with partners the PATH Foundation and Buckhead Community Improvement District (CID) to raise more than two-thirds of the total project cost. The early funding supported all of the initial design costs, construction plans, public engagement process, and most of the land acquisition for the project.
Through the capital campaign, Livable Buckhead will raise the remaining $9 million needed to link the PATH400 segments and create a continuous 5.2 mile greenway.