Thursday, April 28, 2011

Midwest bullet train network to cost $83.6 billion, study says

Midwest bullet train network to cost $83.6 billion, study says
But the potential benefits from a 220-mph system are far greater than those from a cheaper one, report adds

By Jon Hilkevitch, Tribune reporter
8:34 p.m. CDT, April 27, 2011

 
A Midwest network of bullet trains that could travel at 220 mph and higher would cost $83.6 billion, but the benefits would be far greater than those from a less expensive system of trains topping out at 150 mph, according to a study to be released on Thursday.

The study, commissioned by the Midwest High Speed Rail Association and Siemens Corp., argues that going slower than 220 mph makes little sense, both in terms of construction costs and the ability to deliver passengers to their destinations quickly.

Building a passenger rail network topping out at 150 mph, which is still faster than the 110-mph maximum speed in the current high-speed rail plans for Illinois and nearby states, would cost $74.7 billion, according to the study, prepared by the Economic Development Research Group Inc. and AECOM, which designs transportation systems.

READ MORE AT:
http://www.wgntv.com/news/local/breaking/ct-met-bullet-train-costs-0428-20110427,0,2230452.story
 
 
Ken Prendergast
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