February 24, 2011 - 1:21pm
The mayors of Durham, Richmond, Raleigh, and Norfolk -- and the chamber executives serving those communities -- jointly signed a one-page letter to President Obama, urging him to fund the Richmond-Petersburg-Raleigh high speed rail corridor via new or reallocated high speed rail funding. The Raleigh, NC - Richmond, VA linkage will save more than 90 minutes of travel time (and more than 30 miles) compared to the existing ~ 200 mile rail routing.
A one-page summary of the business case for the Raleigh-Richmond portion of the Southeast High Speed Rail (SEHSR) corridor notes that SEHSR revenues are expected to exceed operating expenses, providing the basis for operation without any public operating subsidy. The Raleigh-Richmond-Washington-New York corridor received a score of 19.02 using the America 2050 methodology, which is among the highest scores in the United States.