How did San Jose secure funding for a high speed rail station? In 2 steps:
- $200,000 from the state of California
- $400,000 from the federal American Recovery and Reinvestment Act
How did the funding for the high speed rail station come to fruition? A partnership agreement with the California High-Speed Rail Authority
Does the agremenet include development opportunities? Yes, for transit development and for economic development that creates a “vibrant and urban mixed-use setting that serves as a regional hub of jobs, housing, transportation and entertainment.”
ABC 7 San Francisco | SAN JOSE GETS DIRIDON STATION FUNDING THROUGH HIGH-SPEED RAIL AGREEMENT