This looks a lot like Transit (transitapp.com), which also has a similar crowdsourcing feature. And I believe other apps like Citymapper and Moovit also rely on users’ reports. Does this app have anything new in particular?
Area 120 is Google's in-house incubator. This seems like a veiled attempt to swallow competitor functionality into Google Maps...
I never quite understood this approach, since making applications more bloated with everything under the sun is a great way to encourage lightweight competitors to enter the space. See: word processors, Adobe Creative Suite, etc
After TransitApp’s terrible redesign, I’m happy to see competition in this space.