Alamo Regional Mobility Authority Chairman Michael J. Lynd, Jr., listens to discussion during a board meeting in March. The board voted to begin negotiations with Elon Musk’s Boring Co. regarding a transportation project aiming to carry passengers between San Antonio International Airport and downtown.It’s been quiet since deciding to enter negotiations with Elon Musk’s Boring Co.
“Of course, there’s a lot of effort that has to go into this process,” he said. “It’s not entered lightly, or quickly.”The next step — feasibility studies of key aspects — will begin when the RMA hires a firm to look at route issues and financing. The Boring Co. has said the project, estimated at a cost between $247 and $289 million, could carry as many as 112,000 passengers daily on its route along U.S. 281 and produce annual revenue of up to $25 million.
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