And yet Fortress Capital, a New York hedge fund, thinks it can be done without government subsidies and that people will use it. Their Brightline operation in south Florida has its 16 daily trains running full, and they put the whole thing together without a penny from the state of Florida. Their only federal connection was a low interest FRA loan.
I’m sure you know better than I do. I’ve only lived in Las Vegas 38 years and am a mechanical engineer. And I’ve seen multiple rail efforts fail, including the current monorail. And of course Victorville is a smokin hot destination city.
But hey, what do I know? I’m sure some New York hedge fund knows better and has a couple billion to blow. I’m sure it will be as successful as the $60 billion California High Speed rail. And I’m sure they won’t ever come looking for bailout money.