Multi-Billion Dollar High Speed Rail Proposed from Atlanta to Charlotte through Greenville
High speed rail may be coming through the Upstate in the next decade and developers and government officials look for ways to develop this connection.
We haven’t seen the cost-benefit analysis on what appears to be anywhere from about $5 billion investment to $15-$20 billion investment. High speed rail has run in to many challenges in California where it has been underway for years. Perhaps it can be done here in Georgia, South Carolina and North Carolina faster and better…only time will tell. Here’s the official page from the Georgia Department of Transportation: Atlanta to Charlotte: Passenger Rail Corridor Investment Plan along with the US Dept of Transportation.
Lots of stories have been published recently. Here are just a few:
Charlotte Observer: High-speed rail could link Charlotte to Atlanta in 2 hours. Have your say next week.
Atlanta Journal-Constitution: Atlanta-to-Charlotte high speed rail: Beneficial or boondoggle?
Curbed Atlanta: What to know about the Atlanta-Charlotte high speed rail proposal
FoxCarolina: Open house showcases possible high-speed rail line connecting Atlanta and Charlotte; would run through Upstate
Charlotte Five: Charlotte to Atlanta in 2 Hours
What do you think? Should we spend what appears to be somewhere between $5 billion and $15 billion for this project?
About The Author
John Murphy
Husband of 34 years to my college sweetheart, Janet Murphy (@janetmurphydesign on Instagram). Together we have 6 wonderful children from ages 15-31 and 5 grandchildren. I’ve been a licensed REALTOR since 2003 and broker since 2007. I also am a cost segregation specialist helping building owners and real estate investors maximize their tax deductions, save thousands on their income taxes and increase their cash flow. If you’re a building owner you probably haven’t done a study…let’s connect. There is no obligation. We can run an estimate for you and really every building should be evaluated if the basis is over $150,000. I can work all over the country and not just here in the Upstate. We relocated to Greenville, SC for the lifestyle, lower cost of living, amazing amenities in the area and the growth opportunity for business and real estate. We absolutely love it here!
All opinions are expressly my own and do not represent either eXp Realty LLC, Cost Segregation Services, Inc. or any other company, organization or group that I might be affiliated with.