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Prop 1A - High Speed Rail Measure Set to Pass

November 5, 2008


Video Rendering of San Jose Diridon Station

With 92% of the precincts reporting, Prop 1A looks set to pass with 52% voting Yes. The ballot measure, officially called the “Safe, Reliable High-Speed Passenger Train Bond Act” essentially authorizes the state to sell up to $10B worth of bonds to finance the construction of a high-speed train linking Southern California and Northern California. It requires at least 50% to vote yes to pass.

The official website of the California High Speed Rail Authority has Bay Area stops located at San Jose’s Diridon station and in San Francisco at the Transbay Terminal. There is also a stop in Redwood City or Palo Alto planned (seems location is TBD) as well as in Millbrae, likely interchanging with BART.

The project won’t be completed for many years, but I suspect the land grab has already begun as cities will look forward to providing very high density to developers of ToD (transit oriented development) projects around the stations planned up and down the state.

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