Amtrak releases plan for NYC-DC-linking rail system

Americans' dream of a high speed rail that connects Boston, New York City, Washington, DC, and other cities is a step closer to being completed. Amtrak recently announced its proposal for a $151 billion project that would revolutionize the so-called Northeast corridor and provide commuters, residents and tourists a viable alternative to air and car travel, according to Crain's Business. People who buy one of the houses for sale in Washington, DC, will be happy to hear the project appears palatable to many lawmakers and citizens in the area.

Although the undertaking's price tag may seem like a staggering amount, many people familiar with the plan believe it is, in fact, quite reasonable. After the company's 2010 initiative was rebuffed for its excessive costs and unnecessary features, Amtrak put forward a revised plan that, while still undeniably costly, is considered more realistic.

According to Transportation Nation, the latest version reins in the total cost, limits the number of stations and emphasizes an implementation strategy.

"A lot of it is pushing off some of the station development," Amtrak spokesman Steve Kulm told the news source. "We realized that some of the items we wanted to do, we should put off for the future."

If adopted, the new plan would call for a train that would travel 220 miles per hour and create significantly more efficient and routine transportation. According to Crain's, by 2030 the new system would allow travelers to get from Manhattan to the District in just over an hour and a half. Plus, with trains leaving three or four times an hour, flexibility would also be greatly increased. Not only will this improve the lives of commuting businesspeople and tourists, it would likely bolster the job stock and local economies of the cities on the route, including Washington, DC.

Similar to how improved transportation aided European and Asian economies when their high speed rail systems were put in place, Crain's reports that this American project would increase the breadth of the nation's skilled workforce and encourage professional mobility.