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Wednesday, Feb 21, 2024

Vegas-to-LA Rail Developer Buys Land for Second Station

With its announcement of a land acquisition in Las Vegas last month, the developer of a high-speed rail line between Las Vegas and Southern California now has land for two key stations.
Miami-based rail line developer and operator Brightline Holdings on July 6 announced it had acquired a 110-acre parcel in Las Vegas. Brightline West, the company subsidiary in charge of the rail route, said it plans to build a 65,000-square-foot terminal on the parcel with connections to a gamut of ground transportation systems.

The parcel’s location toward the south end of the Las Vegas Strip means a future station will be a couple miles south of the new Las Vegas Raiders’ National Football League Allegiant Stadium as well as the southernmost major hotel and casino resorts, Mandalay Bay and Luxor.

A Brightline West spokeswoman said the purchase price for the parcel was not disclosed.

The Las Vegas site purchase now means the major new station sites for the project have been secured. In February 2020, Brightline acquired a 300-acre parcel in the Apple Valley/Victorville area at the southern end of the first phase of its planned route between Las Vegas and L.A. The purchase price for the Victor Valley parcel was also not disclosed.

That first phase will consist of a rail line extending 170 miles, mostly in the median of Interstate 15. Passengers will be able to traverse the distance between Las Vegas and Victor Valley in roughly 85 minutes at speeds up to 200 miles per hour.

A second phase calls for linking the Victor Valley station to the Metrolink regional rail network in either Palmdale or Rancho Cucamonga, or both locations, and then through Metrolink’s network to Union Station in downtown.

The rail line is projected to cost a total of $8 billion. Brightline has gotten most of its funding to date through New York-based Fortress Investment Group.

Howard Fine
Howard Fine
Howard Fine is a 23-year veteran of the Los Angeles Business Journal. He covers stories pertaining to healthcare, biomedicine, energy, engineering, construction, and infrastructure. He has won several awards, including Best Body of Work for a single reporter from the Alliance of Area Business Publishers and Distinguished Journalist of the Year from the Society of Professional Journalists.

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