Private developers of a high-speed train that would connect California to Las Vegas are hoping the Obama administration will provide a loan to jump start its construction, the San Jose Mercury News reports.
Though the project is still at least a decade away from being realized for the Bay Area, the $8 billion-plus project could also one day connect to Los Angeles. The train, which has been renamed XpressWest, would be able to travel 150 mph, carrying partyers to Sin City.
The project is being primarily bankrolled by Vegas hotel developer Tony Marnell and supported by Senate Majority Leader Harry Reid, D-Nev., and Southern California politicians, the Mercury News reports.
Written by Lisa Sibley. She can be reached at 408.299.1830 or lsibley@bizjournals.com.
Source: http://feedproxy.google.com/~r/vertical_13/~3/mZBockqnIUw/california-to-vegas-bullet-train-in.html
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