High-speed rail closer to extending to L.A.
The Xpresswest high-speed rail project gathered more momentum Friday as the Southern California Rail Authority approved a pair of agreements for possible extensions that could make linking with Los Angeles a possibility.
The memorandums of understanding unanimously approved Friday allow the authority and Xpresswest, formerly Virgin Trains, to explore extending to the Rancho Cucamonga and Palmdale Metrolink Stations. The MOUS will be active for five years.
Xpresswest’s $4.8 billion first phase includes constructing a 170-mile track between Las Vegas and Victorville, California, with stations in both cities.
The MOUS don’t guarantee the two links will be constructed, but they establish that the two parties will work with each other and other stakeholders to design the stations and routes.
The process would involve providing passengers traveling between Los Angeles and Las Vegas a two-seat ticket to travel seamlessly between the stations and states.
Xpresswest has been approved for use of right of way along Interstate 15 in both Nevada and California. Both states also have approved private activity bonds that, tied with bonds from the U.S. Department of Transportation, will allow the company to raise $4.2 billion toward the project.
The bond approvals are dependent on all Xpresswest bonds being issued by Sept. 30.
If that occurs, groundbreaking for Phase One is slated for the end of the year, with operations planned to begin by the end of 2023.
An estimated cost and a potential funding source for the pair of extensions have not been disclosed.