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[KevinKorell]

Progressive Railroading, 6/10/14:

A transportation budget awaiting the Michigan Legislature’s approval would allocate $10 million for the Continental Rail Gateway, a proposed high-clearance rail tunnel under the Detroit River between Detroit and Windsor, Ontario.

That's the story.

[CNJRoss]

Crain's Detroit Business, 6/29:
 

Detroit-Windsor rail tunnel project put on hold

 

Photo by WIKIMEDIA COMMONS The proposed rail tunnel would be near the current tunnel, built in 1910.

 

The $400 million effort to build a new rail tunnel underneath the Detroit River has been put on hold because its private-sector backers say the business care for new tunnel doesn't currently exist.

 

“It’s idle for now,” said Marge Byington Potter, executive director of corporate affairs for the Continental Rail Gateway. The project has been in the planning stage since 2001.

 

She did not explain why the project is on hold and deferred all other comment to the project’s primary financial backers, Toronto-based Borealis Infrastructure Management Inc. and Calgary, Alberta-based Canadian Pacific Railway Ltd.

 

The companies issued a joint statement via email this afternoon: "The Continental Rail Gateway replacement tunnel is being idled pending review by the partners, Canadian Pacific and Borealis Infrastructure. At present, the business case and economics of the project are not sufficient to proceed with a majority privately funded development.  .  .  .

 

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