LAS VEGAS (KLAS) — The developer of a high-speed train expected to connect Las Vegas and Los Angeles has purchased a site to build a station not far from Allegiant Stadium.
Brightline Holdings is purchasing land across from the South Premium Outlets mall, on Las Vegas Boulevard between Warm Springs Road and Windmill Lane.
The site offers good access to McCarran International Airport and the Las Vegas Strip.
Published reports indicate Brightline paid $140 million for the site.
“We have continued our pioneering efforts throughout a period of unprecedented change to advance the development of Brightline West, and we now have secured our new home,” said Michael Reininger, chief executive officer of Brightline Holdings.
Brightline expects to serve more than 11 million passengers annually, according to a Tuesday news release.
The Nevada -California rail will stretch from the greater Las Vegas area with stations in Victor Valley, Rancho Cucamonga and Palmdale.
The company says passengers can expect a 3-hour ride from Los Angeles to Las Vegas.
The high-speed rail project promises to bring economic and environmental benefits with a fully electric, zero emission train.
“Today’s announcement represents another important milestone for the project and is tangible evidence of our commitment and progress,” Reininger said. “The location and quality of the site matches our aspirations for what will be the showcase for new high-speed rail in the country.”
Plans for the 65,000 square foot terminal include innovative amenities for travelers, the developers said.
“We will be partnering with all the local transit entities to make sure that we are part of their system. The perfect parallel is similar to what we did in Miami. We linked in local rail, taxi and limos,” said Sarah Watterson, president and chief development officer of Brightline West.
The project is expected to generate about 30,000 construction jobs and 1,000 permanent jobs after it’s complete.
It could take three years to complete.
“Building upon our experiences in major Florida cities, we will now bring creativity, innovation and environmental focus to this new gateway for Las Vegas,” she said.