Brightline Holdings is looking to sell $1 billion in additional tax-exempt private activity bonds, Bloomberg L.P. reported on Nov. 4; the move would primarily finance the private-sector passenger rail operator’s new Miami to Orlando, Fla., line.
The planned $8 billion Brightline West high speed rail line is another step closer to connecting Las Vegas with Southern California.
Brightline Holdings has bought 110 acres of land at the south end of Las Vegas Boulevard for a Brightline West terminal, part of its planned $8.4 billion high speed rail project connecting Las Vegas and Southern California.
The long-simmering controversy over high-speed rail (HSR) continued during a May 6 hearing before the House Subcommittee on Railroads, Pipelines and Hazardous Materials. Its theme: “When Unlimited Potential Meets Limited Resources: The Benefits and Challenges of High-Speed Rail and Emerging Rail Technologies.”