Federal Grants May Result in More Rail Options for North Carolina

This is big news when it comes to the impact on growth and real estate development strategies.  According to a recent article, featured in Axios Charlotte, North Carolina is receiving a 1.09 billion dollar federal grant, the largest ever received by the North Carolina Department of Transportation (NCDOT), toward the S-Line, a passenger rail line from Raleigh to Virginia.  Additional dollars will be allocated to plan and develop rail corridors between other cities, including "high-speed" rail linking Charlotte and Atlanta.  Other corridors to be studied and planned are those between the following cities:

• Charlotte and Kings Mountain
• Fayetteville and Raleigh
• Wilmington and Raleigh
• Winston-Salem and Raleigh
• Salisbury and Asheville

For additional details, read the full article here: 

Mega federal investments will revolutionize
passenger rail out of Charlotte