NCDOT’s New Passenger Rail Line Between Charlotte Area and Asheville Could Generate $1.05 Billion

The study, released by the North Carolina Department of Transportation Rail Division, highlights the economic and connectivity impact of reviving the Western North Carolina Rail Corridor. The proposed line would run between Salisbury and Asheville, strengthening ties between the Charlotte metro, the Piedmont Triad, the Research Triangle, and the Blue Ridge region.

During project implementation, the corridor is projected to support about 5,280 jobs annually and generate $360.5 million in employee earnings. The report also estimates $33.6 million in state and local tax revenue during the construction phase.

Beyond construction, long-term operations are expected to sustain 305 jobs each year, along with $19.9 million in annual earnings and $59.8 million in yearly economic output. Recurring tax revenue is projected at $1.8 million annually.

Transportation leaders say the restored route would create a critical east-west rail connection across North Carolina, improving access for residents and visitors while supporting long-term economic growth statewide…

Story continues

TRENDING NOW

LATEST LOCAL NEWS