SDRP > In the News > High-Speed Rail Connecting L.A. and Las Vegas Receives $3 Billion Grant

High-Speed Rail Connecting L.A. and Las Vegas Receives $3 Billion Grant

Brightline West was granted a $3 billion federal grant for its new $12 billion high-speed rail system connecting Las Vegas to Los Angeles. According to Brightline, the trip between the Las Vegas station and downtown L.A. would take 2 hours and 40 minutes. Plans for the 273,000 square foot Las Vegas station include a seven-story parking garage. The 2-story station will be located on Las Vegas Boulevard between Warm Springs and Blue Diamond.  President Joe Biden is expected to speak about the grant this upcoming Friday in Las Vegas. The grant is part of the U.S. infrastructure bill, and the remaining balance of the project cost will be financed through tax-exempt private activity, bond allocations, and private capital. This significant award represents a pivotal step towards the high-speed rail initiative, a project dating back to 2005. Senator Rosen, an advocate for the project, highlighted the impact on Nevada’s tourism and transportation, anticipated reduction in traffic, potential new jobs and environmental benefits.

Read more here:
https://www.reviewjournal.com/local/traffic/vegas-to-la-rail-project-lands-3b-in-federal-funds-2959581/