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Virgin Trains USA closes 284-acre escrow in Apple Valley
APPLE VALLEY, California (VVNG.com) – Virgin Trains USA has closed escrow on property in Apple Valley, a sign of dedication to a multi-billion dollar project that will link the Victor Valley to Sin City in a new way.
“Virgin Trains closed the escrow on 284 acres on Dale Evans, so it was pretty exciting. It’s a commitment… money to the bank, ”said Kari Leon, member of Apple Valley city council, at the city council meeting on March 10.
The project is expected to start in 2020 and will begin to move passengers in late 2023.
"The high-speed electric train will move passengers from Apple Valley to Las Vegas in about 90 minutes at speeds above 150 miles per hour, which will take up to 4.5 million cars from traveling 811 million miles on Interstate 15 per year, "according to a previous Victor Valley News article.
Council member Art Bishop also made a big announcement at Wednesday's meeting that he received from the company.
"I am very proud to announce that the Clark County Nevada Planning Commission has approved 111 acres for a new multi-storey station on 111 acres. The station would cover 297,000 square feet, including restaurants and retail stores, "said Bishop.
"Of the 111 acres, they only use 13 acres for the station, the rest would be for future development, which is not planned as part of the plan," he told About the approval of Clark Country.
On Wednesday March 4, the Clark County Planning Department approved Virgin Trains USA's plans for a passenger terminal (station) at Las Vegas Blvd. South and Blue Diamond Road.
The conceptual plan shows a 2-storey passenger terminal (station) with a basement, a 7-storey car park and a train platform.
"If you're wondering where this station is going to be, if you're from (Apple Valley), it's right after junction 215, before you head to the start of Vegas," said city manager Doug. Robertson.
Last year Bishop and Robertson joined Virgin Trains USA in Sacramento to seek support from the State Debt Limit Allocation Committee to help the project get $ 300 million in activity private, tax-exempt bonds to help leverage additional project funding.
Robertson said the meeting of the California Debt Ceiling Allocation Committee, scheduled for March, has been canceled.
"It was canceled some time ago, it's not at all related to the Coronavirus. Hopefully it will be on their agenda in April for consideration, "said Robertson.
The construction of the railway line is expected to create more than 10,000 jobs in addition to more than 500 permanent jobs that will be created once the line is established.
The project is expected to inject $ 2.13 billion into the California economy, including $ 275 million to the federal government.
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