How was the Golden Gate Bridge financed?

The Golden Gate Bridge was constructed using a $35 million bond, well below early construction es- timates of up to $100 million, due to ingenuity on the part of chief engineer Joseph Strauss and his team. The bond issue was supported by San Francisco-based Bank of America.



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Local citizens put their own properties up as collateral to finance construction of the Golden Gate Bridge. Little federal or state money was used to build the bridge. Most of the financing came from bonds sold by the Golden Gate Bridge and Highway District.

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5 Fun Facts About the Golden Gate Bridge
  • The bridge is actually not golden at all! It's a bright red-orange.
  • It was named one of the Seven Wonders of the Modern World.
  • It took four years to build.
  • There are approximately 600,000 rivets in each of the bridge's towers.
  • It's the most photographed bridge in the world.


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The Golden Gate Bridge is closely monitored to make sure it does not exceed its stress limits due to traffic, wind and seismic loads. We can look forward to at least another 80 years of this engineering masterpiece.

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5 Fun Facts About the Golden Gate Bridge
  • The bridge is actually not golden at all! It's a bright red-orange.
  • It was named one of the Seven Wonders of the Modern World.
  • It took four years to build.
  • There are approximately 600,000 rivets in each of the bridge's towers.
  • It's the most photographed bridge in the world.


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Do you know why the Golden Gate Bridge has its iconic name? The answer might surprise you. Rather than being named for the area's association with the Gold Rush, it's actually named for the water that runs beneath it—The Golden Gate Strait.

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With the earlier phases of the retrofit complete, the bridge can safely withstand an earthquake over 7.0 in magnitude, but it may experience damage that requires closure after a major seismic event.

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You can walk or bike across the 1.5 mile art deco-inspired bridge and enjoy sweeping panoramic views to the Pacific, Marin Headlands, San Francisco Bay to the sparkling lights of the city. It's a unique way to experience San Francisco — and best of all, it's absolutely free!

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How long does it take to walk across the Golden Gate Bridge? The bridge is 1.7 miles across, so it's about a 35 minute walk each way. If you do the Hop On Hop Off bus tour, you can walk one way and catch the bus at the other end (Vista Point) to avoid the return walk.

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With great fanfare, people from all over the world came to pay homage to the Bridge, become part of a historical celebration and create lifelong memories. The day began as “Bridgewalk '87” reenacted “Pedestrian Day '37” and an estimated 300,000 people surged onto the roadway.

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The Golden Gate Bridge has always been painted orange vermilion, deemed International Orange. Rejecting carbon black and steel gray, Consulting Architect Irving Morrow selected the distinctive orange color because it blends well with the span's natural setting as it is a warm color consistent with the warm colors of ...

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On May 27, 1937, San Francisco's Golden Gate Bridge was opened to the public for the first time for “Pedestrian Day,” marking the start of the weeklong “Golden Gate Bridge Fiesta” held to celebrate its completion. More than 200,000 people paid twenty-five cents each to walk the bridge.

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FasTrak Account rate (from $8.40 to $8.75) Pay-As-You-Go rate including License Plate Accounts and One-Time Payments (from $8.80 to $9.00) Toll Invoice rate (from $9.40 to $9.75) Carpool rate (from $6.40 to $6.75)

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The most relevant comparison to the Golden Gate Bridge would be the east span of the Bay Bridge which is only four miles away. It cost $6.4 billion in 2013 to replace 2.2 miles. In today's dollars that comes to $9 billion. I think it would cost $10 billion to rebuild the Golden Gate Bridge.

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