Wednesday, March 24, 2010

Denver's FasTracks passes a key milepost

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The board of Denver’s Regional Transportation District agreed Tuesday to pay BNSF Railway $144 million for land, relocation, and engineering services to clear the way for FasTracks passenger rail projects.

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The price includes $102.7 million for property in a BNSF freight corridor from Union Station to West 71st Avenue in Westminster, and in another corridor from Sheridan Boulevard and West 58th Avenue to the city of Golden, Colo.

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The Denver Post noted that while RTD’s planned Gold Line service to Arvada and Wheat Ridge has a terminal station at Ward Road near West 49th Avenue, the agency is acquiring property to Golden for a potential extension.

The BNSF will operate freight trains on separate tracks.