Business Excellence Awards
Please Join PBN to Celebrate the 2014 Business Excellence Award Winners on Novem ...
NEW BEFORD – Gov. Deval L. Patrick last week unveiled the South Coast Rail Economic Development and Land Use Corridor Plan, a document aimed at guiding transportation and development plans for Bristol County.
The plan, which calls for 11 rail stations, estimates that the project will create thousands of new jobs, generating roughly $500 million in new economic activity and household income by more than $150 million.
Commuter rail service to the South Coast would create between 3,500 and 3,800 net new jobs by 2030, with two-thirds of those jobs located in Bristol County. Construction would generate between 7,000 and 8,000 new jobs and more than $1 billion in spending.
The release of the plan comes as Patrick and the other New England governors recently released a vision for high-speed rail in the region, including the South Coast Rail project. The Mass. Executive Office of Transportation also recently submitted a pre-application for high-speed rail stimulus grants to support the South Coast Rail Project. •