Rancho Cucamonga high-speed rail station site sold to Brightline West – Trade Observer

Train, keep going – down the line.

Construction could soon be underway on a station forming the western terminus of the high-speed train that will cross the Inland Empire towards Las Vegas.

The sale of 5 acres to Brightline West was approved on Wednesday by the Rancho Cucamonga City Council and the San Bernardino County Transportation Authority (SBCTA) Board of Directors.

The sale price has not been decided, according to a Brightline West spokesperson.

“The public-private partnership between Rancho Cucamonga, SBCTA and Brightline West will help transform the region with an exciting multimodal transportation hub in the heart of the Inland Empire,” said Mayor of Rancho Cucamonga. Denis Michael said in a statement. “Cucamonga Station aligns with our city’s quest to anticipate and embrace the future, relentlessly pursue improvement, and promote a safe and healthy community for all.”

The Brightline West rail will allow riders to connect to the Metrolink San Bernardino Lineas good as Bus rapid transit Omnitrans. Later it will connect to a nearby underground railway line Ontario International Airportaccording to Rancho Cucamonga town officials.

“These agreements allow Brightline to control the land along the last mile of its system connecting Interstate 15 to Brightline’s Rancho Cucamonga station as well as Brightline’s Rancho Cucamonga station site,” Brightline said in a statement. e-mail to supporters of the project. “These approvals represent a key final step in advancing the development of Brightline West.

The high-speed rail line is expected to begin operations between 2026 and 2027. About $300 million in construction funding is expected to be spent in Rancho Cucamonga alone, and more than $5 billion will be spent in San Bernardino County over the course of of the next four years.

Brightline also operates a high-speed rail line linking Miami, Fort Lauderdale and West Palm Beach, Fla., and has announced it will soon test train speeds of over 110 mph on another route it operates across the Martin and St. Lucie counties.

An analysis by Flagship economy found that the high-speed rail project could create 11,000 jobs per year in San Bernardino County and more than 700 jobs per year in Rancho Cucamonga during the construction period.

Rancho Cucamonga is expected to earn approximately $70 million per year in property taxes and $100 million in sales tax revenue during the construction period, as well as an increase in housing demand.

In August, a red fin report said home prices in Rancho Cucamonga had risen 6.5% year over year, but the number of homes sold that month – 142 in total – was down 27.6% from the same period last year.

From July to September, Redfin found that 80% of Rancho Cucamonga shoppers were looking to stay in town while 20% were trying to get out of Dodge, with the majority looking to San Diego or San Jose for a fresh start. .

Marc Hallum can be reached at [email protected].

Jose P. Rogers