Michigan high-speed rail backers have prototype funding | detnews.com | The Detroit News

Michigan high-speed rail backers have prototype funding

Interstate Traveler Co. LLC, the Detroit company that developed the MagLev system, said a prototype could be built within a year. (Interstatetraveler.us)

East Lansing — Private investors have stepped forward with enough money to build a prototype for a futuristic elevated rail system that would race along freeway routes between Lansing, Ann Arbor and Detroit, according to experts who testified at a hearing on the proposal Monday.

State Rep. Bill Rogers, R-Brighton, who heads a task force looking into whether the state should grant easements for the rail line along Interstate 96, U.S. 23 and I-94, said the system is possible — provided there’s private funding to meet the $2.3 billion price tag.

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