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Xpress West project waiting on $5.5 billion government loan


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#1 KevinKorell

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Posted 20 February 2013 - 05:56 PM

Vegas, Inc., 2/12/13:

The nation’s first privately funded high-speed rail line, which would connect Las Vegas with Southern California, remains in a holding pattern, awaiting a decision on a federal government loan, a representative of the company said today.

Full story here.


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#2 KevinKorell

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Posted 20 February 2013 - 05:58 PM

Another article in same publication, 2/9/13:

A high-speed train would help Palmdale grow and benefit Las Vegas


The city of Palmdale, Calif., recently hosted a diversity summit where Las Vegas business owners brainstormed strategies to win contracts for building XpressWest, the proposed high-speed train to Southern California.

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#3 KevinKorell

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Posted 26 March 2013 - 11:46 AM

The Foundry, 3/8/13:

Sessions and Ryan to LaHood: Halt the High-Speed Train to Vegas


Senate Budget Committee Ranking Member Jeff Sessions (R–AL) and House Budget Committee chairman Paul Ryan (R–WI) sent a letter yesterday to Transportation Secretary Ray LaHood, urging the Department of Transportation to reject a $5.5 billion gamble on high-speed rail.


This is the article.


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#4 Sloan

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Posted 11 September 2015 - 08:29 AM

 

 

Sandoval appoints 5 to high-speed rail board

Five Southern Nevada residents, including a financial expert, the general manager of the Regional Transportation Commission and an engineering professor, have been named to the new Nevada High-Speed Rail Authority.

Gov. Brian Sandoval announced his appointments Thursday to the board planning connection of Southern Nevada and Southern California with a high-speed rail system.

http://www.reviewjou...peed-rail-board



#5 Sloan

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Posted 04 November 2015 - 07:24 PM

 

 

XpressWest draws nominal high-speed rail competitors

 

When the Nevada High-Speed Rail Authority meets later this month to consider awarding a franchise for a system to deliver train passengers between Las Vegas and Southern California, there will be two competitors vying against the favorite, XpressWest.

http://www.reviewjou...ail-competitors



#6 Sloan

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Posted 10 March 2017 - 09:02 PM

From NARP Hotline 3-10-17

 

 

According to the findings of a new report, a high-speed rail line between Las Vegas and Southern California would generate 11 million round-trip riders and generate roughly $1 billion in revenue annually. In addition, nearly three million passengers are projected to take roundtrip rides when the first segment between Las Vegas and Palmdale, California, is completed by XpressWest in 2021, generating about $300 million in annual revenue.

The Las Vegas to Southern California findings, based on an initial start date of 2035, are calculated based on a $115 roundtrip ticket, and include a connection to an operational Los Angeles - San Francisco high-speed rail service.






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