• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Feds commit $3B for high-speed rail connecting SoCal to Las Vegas

The federal government has announced a $3 billion investment in a high-speed rail system connecting Southern California to Las Vegas. 

The fully electric high-speed rail system is set to cover a distance of 218 miles along the 15 Freeway between Las Vegas and Rancho Cucamonga, costing an estimated $12 billion, the Daily Bulletin reported.  Rancho Cucamonga is about 50 miles east from Downtown LA and links via a regional light rail line.

Developers anticipate that the project will significantly alleviate traffic congestion, removing 3 million cars from the freeway and cutting carbon dioxide emissions by 400,000 tons annually. 

Rancho Cucamonga’s Cucamonga Station is expected to host over 11 million passengers annually.

Rancho Cucamonga Mayor L. Dennis Michael said the investment would boost economic growth, tourism, and commercial ventures.

The project is expected to generate over 11,000 jobs annually and bring $5 billion in spending to San Bernardino County, with $300 million directed to the city of Rancho Cucamonga. 

The Federal Rail Administration granted environmental review and permits for the project in July, covering a 49-mile stretch of rail between Rancho Cucamonga and the High Desert. Despite the project being discussed for decades, Senator Rosen confirmed that all necessary right-of-way and environmental approvals, along with labor agreements, have been secured for the work to commence.

While no start date has been announced, officials expect the high-speed rail line to be operational by 2027, coinciding with the 2028 Olympics in Los Angeles. 

The service, modeled after Florida-based Brightline’s successful venture on the east coast, is anticipated to reduce travel time significantly, with trains reaching speeds of nearly 200 mph and potentially halving the four-hour trip from Las Vegas to Rancho Cucamonga. The initiative aims to address weekend and end-of-holiday traffic congestion on the 15 Freeway near the Nevada-California line.

— Ted Glanzer

The post Feds commit $3B for high-speed rail connecting SoCal to Las Vegas appeared first on The Real Deal.

Powered by WPeMatico

  • 10 December 2023
  • The Real Deal
  • Uncategorized
  •  Like
Kennedy Wilson sells Glendale office building for 60% haircut →← Disgraced Armenian official’s Holmby Hills chateau relists at $40M
  • Recent Posts

    • USC saves view of LA Coliseum sign after clash with developer, city May 15, 2025
    • Tesla re-ups lease of 82K sf Santa Monica service center May 15, 2025
    • Hotel designer asks $99K per month for Santa Monica beach pad May 15, 2025
    • Feds to sell landmark Spring Street Courthouse in DTLA May 14, 2025
    • Rams owner Stan Kroenke eyes Olympics broadcast center, film studio in Inglewood May 14, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM