Saturday, June 23, 2012

DOT Study: Rapid Trains Feasible Between Atlanta, Jacksonville, Louisville & B'ham

Walter Jones
Morris News Service

June 21, 2012

Summary: The first phase of construction of a high speed rail service from Atlanta to Jacksonville would be to Savannah.

 Key Quotes: 

Running high-speed, passenger rail lines are economically feasible between Atlanta and Jacksonville, Louisville and Birmingham, according to a consultant's study presented Wednesday to the State Transportation Board.

Construction of any of the lines is likely to be many years in the future. But the Obama administration has made high-speed passenger rail a priority and provided funds for exploring routes that could link up into a national network.

Fares between Atlanta and Jacksonville would range between $119.41 and $152.24. Construction would cost from $5 billion to $16 billion or for each mile $11.5 million to $41 million.

 
A. Joseph Marshall
Coldwell Banker Commercial
Commercial Real Estate Advisor
Savannah, Ga

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