gokeefe wrote:A half a billion dollars worth of passenger rail investment over the next 5 years in Illinois alone? Good luck finding a historical equivalent to that......
Real estate values in Chicago are going to be on the upswing for years to come.
You're being too modest, leaving out roughly $1 billion being spent St Louis-Chicago,
plus some hundreds of millions on new bi-levels and next generation locomotives, plus
isn't it $300 million on the Englewood Flyover, plus planning work for the remaining 25%
of the St Louis-Chicago corridor, part of the South of the Lake studies, and more.
A cynic could note how Illinois passenger rail enjoyed a perfect storm, politically, with
Dick Durbin the Senate Deputy Majority Leader, President Obama, Ray La Hood as
the head of the DOT for four years, Joe Szabo at the Federal Railroad Administration,
and Pat Quinn as a very very rail-friendly governor.
Good timing, too, that serious planning had begun much earlier under the Midwest
high speed rail initiative, the CREATE program was in place, and then came the
Stimulus piñata that made for a very successful party, with fun for all.
Of course, I think they'll need another piñata to keep the party going. They need
another billion or two for the Chicago-Joliet/thru Springfield/Alton-St Louis segments
remaining to be done on the Lincoln Corridor. Chicago-Des Moines-Omaha has a
long long way to go. Chicago-Memphis is like the first wink in a long flirtation.
And sadly Chicago-Minneapolis, Chicago-Cleveland-Pittsburgh, Chicago-Indianapois-
Cincinnati/Louisville, Chicago-Columbus, Chicago-Green Bay, those dreams haven't
moved closer at all. Even CREATE seems to be short a billion or two from completion.
Still, I'm sure you are right that this investment now underway will be transformative
for Chicago, and for much of Downstate as well. And an inspiration to rail advocates
all around the nation.