The projects are among 16 that were awarded in 2015 with funding totaling $810,000. The RTA is providing approximately $85,000 in federal grant and local match funds to support these zoning updates that will encourage transit-friendly development.
CEO Alhorn, who says that he took inspiration for his pricing strategy from video games that use a freemium model, wants "to make [Hyperloop] something you use every single day many times."
Company President Dr. Jean DellAmore saluted the efforts of the entire Stertil-Koni distributor network at its recent annual meeting and welcomed twelve companies into the company’s highly acclaimed “Million Dollar Club.”
Other projects included in the draft of the Transportation Investment Business Plan include a double-deck tunnel under McCarran International Airport to connect Russell Road east and west of the airport and possibly provide a light-rail link to the Strip line, the report said.
In the U.S., the planned launch cities are San Francisco and New York, while Toronto will be likely Canada’s sole representative. In Europe, Apple is said to be gearing up to first launch the feature in London Paris and Berlin.
The company was began as a 50-50 joint-venture between Alstom and Balfour Beatty in 2007 to provide advanced signaling solutions to the U.K. and Ireland’s rail sectors.
After being unable to secure a pickup and drop-off location in South Station after losing it because of regulatory action in March 2013, President Pei Lin Liang said not having Boston as a site for service likely would mean the end of the company’s operations.