Brightline West High Speed Rail Could Break Ground in 2023
The Brightline West high speed rail line that will connect Southern California to Las Vegas could begin construction in 2023. The $8 billion project would be California's second high speed rail line that is in the works.
Unlike the other high speed train that will connect Los Angeles and San Francisco and is publicly funded, the LA to Vegas rail project would be privately owned and operated by the Fortress Investment Group- a global firm that focuses on transportation, infrastructure and other investments.
Brightline West will tap into $1 billion in private activity bonds approved by the U.S. Department of Transportation for California and Nevada. These funds are State-issued and the user ultimately repays the bonds.
It is expected that the travel time between the train station at Rancho Cucamonga, CA and Las Vegas will be two and a half hours. The rail line will run along interstate 15 and it is projected that traffic could be reduced by 3 million cars a year once operational.
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