Ok, so its politicians pledging to do things. I know its not the same as actual votes from representatives or shovels digging into the ground, but keep with me…
“Companies typically balk at extra expenses, but if they can improve commutes, they will gladly shell out money. Getting employees to and from work without it being a nightmare is critical to attracting and retaining the best talent.”
The impact of a hyperloop in Colorado will be a game changer. Imagine in one day a person that lives in Denver, works in Pueblo, have a goes out at night in Fort Collins. Thats three different cities, where the person will be purchasing things helping the economy grow via local taxes.
“But depending on the private sector to fund public transit can be risky. Suddenly you have corporate interests influencing which projects should get the go-ahead because they have money behind them.”
Good point, and as the hyperloop is still not built, it will be very fragile to outside lobbying. Conversely, we have seen the East Rail line transit corridor influenced by corporations that don’t want stations or stops near by. That is just a 22.8-mile commuter rail between Denver Union Station and Denver International Airport.
The key is getting the public on the side of the hyperloop, making it truly a Colorado Hyperloop by and for the people.