CALIFORNIA HIGH-SPEED RAIL AUTHORITY
With the Jan. 6 groundbreaking in Fresno for California’s high-speed rail project and the success of the Altamont Corridor Express, it seems rail systems are taking center stage in the Central Valley, albeit with cheers and jeers from both sides.
The debate rages around concerns over noise as well as business and traffic disruption from construction. Proponents point to positive environmental impact and economic growth through job opportunities and increased visitors in cities with rail stations.
What all can agree on is that the $68 billion high-speed rail project will impact numerous areas, including a direct – as well as a peripheral – effect on the real estate market... Read More