This study examines the feasibility of a regional high speed magnetic levitation (MAGLEV) system connecting the Greater Pittsburgh airport with strategic stops between the Midwest and the East Coast. A suburban commuter system, which operates on the same lines as the regional system, is also investigated. The first link of the regional and suburban MAGLEV system consists of a demonstration line connecting the Greater Pittsburgh International Airport with downtown Pittsburgh. This study considers the economic value of such a system from the aspects of transportation, manufacturing and economic development. The study concludes that an investment of $41 billion over the next 30 years would be required to build a regional MAGLEV system, cover its operating cost and produce enough additional transportation revenue to pay back part of this investment in the private sector financial markets. A substantial portion of this investment must come from the public sector. The additional economic activity generated by this investment would be over $78 billion. Over 675,000 person-years of work would be created by such a venture.
MAGLEV Demonstration, Design and Development Plan
1994
379 pages
Report
No indication
English
Railroad Transportation , Transportation & Traffic Planning , Transportation , Magnetic levitation vehicles , Transportation studies , Feasibility studies , Regional planning , Levitated trains , High speed ground transportation , Transportation planning , Rail transportation , Economic analysis , Economic impact , Pennsylvania , Pittsburgh(Pennsylvania)
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