2008-11-06

Union Pacific Strikes Preliminary Deal With RTD For FasTracks

Union Pacific and RTD have struck a preliminary deal worth $210 Million for railroad relocation to allow RTDs FasTracks light rail/commuter rail project to proceed after negotiations failed earlier this year. RTD will pay to relocate UP assets to create its planned corridors. The deal specifically mentions the West Corridor, the Gold Line, the North Metro Line and the East Corridor from Union Station out to Pena Boulevard. RTD acquires UPs Boulder Industrial Lead from Denver to Boulder.

The differences were resolved. The projects moved foward. And there was much rejoicing.