COSTCO $17K LEFT TURN GREEN LIGHT The new Costco on Richmond gets on okay for tree-free left turns: “According to Craig Cheney, spokesman for partner-developer Trammell Crow, nine bald cyprus and three other trees will be removed from the Weslayan median and replanted elsewhere. The developer will ‘buy out’ three live oaks that will be cut down on Richmond to make way for two left-turn lanes for a total of $17,000, a spokesman for the city said. [River Oaks Examiner, previously in Swamplot]
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At $17k, Costco made out pretty good. The are going to pay at minimum $50,000 for each of those left turn light (signals only). Depending on the complexity of the signal they use, it could easily go up to $200k.
So the $17k payoff is chump change in the scale of this portion of the project.