LAS VEGAS (KTNV) — More than $3 billion in bonds has been approved for Virgin Trains USA's proposed high-speed train between Las Vegas and Southern California.
The California Infrastructure and Economic Development Bank approved a $3.25 billion bond request on Wednesday.
The project is expected to break ground sometime next year and could begin shuttling passengers by the end of 2023.
Virgin Trains says a station will be located near the intersection of Warm Springs and Las Vegas Boulevard.
The train will transport people to Victorville, Calif at first, with the goal of expanding service to Palmdale and eventually downtown Los Angeles.