Maglev Hopes to Attract $2.3 Billion to Help Design, Build Train System

Summary


After quietly toiling for nearly five years on an environmental study, the designers of a proposed high-tech, magnetically levitating train from Pittsburgh International Airport to Downtown, Monroeville and Greensburg are seeking more than a quarter of the federal stimulus money dedicated to high-speed rail across the country.

Last week, the Pennsylvania High-Speed Maglev Project and PennDOT submitted a preliminary application for $2.3 billion to help design and build the train system, starting with the segment between the airport and Downtown. The final draft of the project's Environmental Impact Statement could be released to the public by late September or early October.

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Maglev Hopes to Attract $2.3 Billion to Help Design, Build Train System

The $5.25 billion project is a public-private partnership between PennDOT, the Port Authority of Allegheny County and McKeesport- based MAGLEV Inc. Maglev trains, which are only used commercially in Sha...

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