Urban gondolas could be part of the next wave of technology that could help alleviate urban traffic. The appeal comes in the technology’s low-cost deployment, environmental friendliness and ability to utilize air space rather than much-needed ground space. The technology can be implemented quickly with relatively little disruption to the urban fabric and at a competitive cost to other transportation technologies
Costs for installation range from $3 million to $12 million per mile, depending on a city’s current infrastructure. These are huge savings compared to about $400 million per mile to construct subterranean subways and about $36 million per mile to construct light rails systems. When implemented and designed properly, urban gondolas are remarkably successful.