Bisnow Wants Your Insight On California's Troubled High-Speed Rail Plan
California's plans for a high-speed rail project have spiraled downward since Gov. Gavin Newsom said last week that he planned to focus construction on the Central Valley. Though Newsom later clarified that he still planned the parts of the project that extended to Los Angeles and the Bay Area to be built later, the federal response has been swift. The U.S. Department of Transportation announced Tuesday that it planned to pull nearly $1B from the project and would seek ways to get back $2.5B already spent on the project.
Bisnow wants to know what you think. Was high-speed rail doomed from the beginning? Does the loss of federal funding mean it now has no chance of completion? What does this mean for the areas that were counting on high-speed rail stops nearby?
