Shop Talk: Microsoft spearheading high-speed rail plan for Northwest

Institutional Real Estate, Inc. Podcast show

Summary: The US High Speed Rail Association is collaborating with Microsoft to produce the Cascadia Rail Summit at Microsoft headquarters in Redmond, Wash., to investigate the prospects of a so-called Cascadia Innovation Corridor rail system running from Vancouver, B.C., to Portland, Ore., with an eye toward creating a rival to Silicon Valley. A study completed in July 2019 by the Washington State Department of Transportation estimates that a state-of-the-art high-speed rail system would generate $355 billion in economic development for the region. Andy Kunz, founder and CEO of the US High Speed Rail Association, joins us to discuss how such a system could benefit investors, industry and the region’s citizens. (10/2019)