Somebody thinks a steel rail system from Victorville to Vegas makes more sense then the intelligent super speedway on asphalt. Like the Oakland airport connector, this proposal will not last and likely will waste billions from the investors. Curbed LA has the discussion on the topic.
The pay off formula disparages rail. Each mile of HOT lane we install allows a BRT to cut its travel time in half along the route. That comes to better efficiency at 1/4 the cost of rail. The intelligent superhighway will win this battle and some Victorville politicians will be eating crow.
Bond investors should stay away from passenger rail in all forms, but long haul cargo rail still rules.
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