WHY?

The timing could not be better.

  • Project plan is complete and execution has begun/in place

  • Commuter traffic congestion and difficulties 

  • Political climate is favorable with Republicans and Democratic aligned in a coordinated economic development plan

  • FOXCONN, Komatsu and other growth initiatives and momentum

  • Will provide an estimated economic impact of: $1.3B

  • Private stakeholders are in sync with TI vision for commuter rail and private investment structure

  • In communications with both Union and Canadian Pacific to begin contract negotiation for trackage rights

  • Site specific real estate is inventoried with acquisition and control in stage one of execution

  • Transit Innovations, LLC is capitalized  - Private investment for rail infrastructure and for real state development is vetted.

  • Changes in recent federal tax laws have proven to make private investment industry competitive for this project. Timing is right for this project.

  • Regional job creation is projected at 10,947 over 10 years

  • There will be an additional 7000 units (estimated) of multi-family housing constructed as a result of this project

  • Educational growth and expansion  opportunities associated to project

  • Major rail operator, state and local government, business community and advocacy group commitment to participate/support in project.

  • Major trip/revenue generators on E-Way are aware of the project, supportive and prepared to build stations.

  • Equality of investment stabilizes and has ripple effect on regional economy

  • Because of major research and preparedness done by the TI team to date, the coordination and approval processes are streamlined with the FTA, FRA, WIDOT, SEWRPC, and all Station Community Authorities to implement the E-Way

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