Home > About > Press Items > 2009 > High-speed rail to receive $2.25 billion
High-speed rail to receive $2.25 billion
High-speed rail to receive 2.25 billion
California's plans to build a 220-mph train system between the Bay Area and Southern California will get a big boost today when President Obama and Vice President Joe Biden award the state more than a quarter of the $8 billion in federal stimulus money devoted to creating high-speed rail networks.
California will receive $2.25 billion - more than any other corridor -
to help build the 800-mile high-speed rail project, which has an
estimated construction cost of $42 billion. State voters in 2008
approved the sale of $10 billion in bonds to help build the system.
- Team
- Investors
- Press Items
- 2012
- 2011
- 2010
- 2009
- Consumer Spending Down
- January Construction Permits Lowest in 50 years
- Macy's to Cut 7,000 Jobs
- January Home Sales
- SF Film Industry
- Foreclosures and Defaults up in 2008
- Stanford Plans $100 Million Energy Institute
- OneSeason.com scores $3.5 million in venture financing
- Economy Shed 598,000 Jobs in January
- Unemployment reaches 7.6
- Ownership issue plagues airline
- U.S. Home Sales Fall 5.3
- PG&E will invest $1.4 billion in solar power
- February QuickFacts
- Schwab to move headquarters in downtown SF
- Recession has taken a toll on alternative energy
- Roche to take over Genentech for $47 billion
- $50 million in stimulus funds for Doyle Drive
- San Francisco Unemployment at 8.3
- SF Film Rebates
- Bay Area home sales climb as median falls below $300k
- March QuickFacts
- World economy 'to shrink in 2009'
- Where Angels Tread: Keiretsu Forum
- SFO wins grant for hydrogen refueling station
- Venture capitalists' confidence up a little
- Wells Fargo expects record Q1 profit
- Conference: Scaling Up: From Green Buildings to Green Cities in the U.S. and China
- California unemployment reaches 11.2
- New Construction at Mission Bay
- Krakow, Poland, is the newest S.F. sister city
- Consumer confidence stronger than forecast
- Bay Area groups win a third of CIRM grants
- S.F. housing market warming up
- Stanford wins $20 million grant
- Biotech jobs germinate as San Francisco diversifies economy
- Bay Area economy shows signs of life
- Portland-Pacific condos OK'd in S.F.
- ‘Trauma' series still scheduled to film in S.F.
- BofA raises $13.5B in stock sale
- The greening of corporate America
- Bay Area sales rise again; median price up slightly over March
- Chinese solar firms shine on Bay Area
- Report: S.F., Oakland fittest metro in California
- April QuickFacts
- May-June Quickfacts
- S.F. garage takes hybrid approach to ‘green' cars
- Popular Cities for Hybrids
- Jobless rate hits 9.4 percent in May
- Solazyme raises $57M in 3rd round
- Best Cities for Young Singles to Work and Entertain
- Inverted success for S.F.'s Zynga
- Mortgage rates reach 6-month high
- Bay Area economy on verge of recovery
- CIRM awards $40.6M in stem cell training grants
- Bay Area biotechs get a blast of cash
- California jobless rate record 11.5
- Good news for home prices
- Five Bay Area solar companies awarded
- $10M grant for new neuroscience research center at Stanford
- OECD says recession ‘near bottom'
- Catalyst to get $21M upfront in Wyeth deal
- Geron inks stem-cell deal with GE Healthcare
- SunPower and Wells Fargo in $100M solar deal
- America's best and worst cities for families
- US jobless rate reaches 9.5 in June
- SF's sister city in India a big hit with businesses
- San Francisco faces a new challenge
- Intersolar Conference: Information on the Latest Trends and Technology
- A good year for SF tourism
- Four Seasons San Francisco in default
- Levi's to stay put in SF
- BioTime wins another $4M investment
- Consumer Prices Rise 0.7 in June
- Mission Bay's biz incubator
- SF unemployment rate reaches 9.8 in June
- Bay Area home sales and median price rise in June
- Five new biotech companies moving to SF
- Positive signs of the US economic indicators
- Pacific Union to be bought by Marin brokerage
- Cathedral Hill Hotel to close in October
- July - August 2009
- State money for new housing in the Bay Area
- Home price declines continue to slow
- China work buoys SF architecture firms
- Cleantech investment jumps in Q2
- 41 US cities have double-digit unemployment
- Catamount Venture raises $80M fund
- SF Mayor proposes UN center at Hunters Point
- Plans of redevelopment Treasure Island
- Consumer spending rises in June
- Conference: Innovation summit presented by SF Business Times
- Retail store Kohl's hiring in the Bay Area
- Conference: West Coast Green Innovation
- Home value drop-off slows; SF immune no more
- Stream of cash in solar in the Bay Area
- First major Class A office building transaction made in SF
- US job losses slow
- Pacific Biosciences raises $68 million
- Bay Area home sales rose in July
- Wells Fargo, BofA hiring dozens in the Bay Area
- August - September QuickFacts
- US consumer confidence ‘improves'
- US unemployment reaches 9.7 in August
- California eighth among world economies
- New program helps jobless parents
- BrightSource taps Bechtel for Ivanpah Project
- UCSF ‘tops off' stem cell building
- Construction costs hammer in savings
- SF one of the world's happiest cities
- Spanish solar company opens in SF
- Crystal Cruises back to SF home port in 2011
- Bay Area home sales mixed
- Bay Area unemployment still rising
- Playdom opens SF office
- September - October QuickFacts
- Kohl's opens new stores at end of month
- Wells Fargo donates to Bay Area schools
- Port of Oakland seeks greater capacity
- CCSF bears away $5M grant to expand its BioLink
- Ausra's solar project in Jordan
- US jobless rate climbs to 9.8 in September
- Nektar moves its headquarters to SF Mission Bay
- San Francisco hotel rates tumble
- UCSF and other UC med centers revamp breast cancer study
- UCSF leads pediatric immune-disorder research group
- Nobel Prize for Elizabeth Blackburn of UCSF
- Schwab closes landmark SF branch
- Stantec SF designs VA project in Seattle
- Bay Area leads in neuroscience
- Slight uptick in Bay Area home sales and prices
- SF unemployment at 9.7 in September
- Wells Fargo 3Q profit rises
- SF PUC starts building stalled $188M HQ
- Stimulus jolt: Bay Area labs land $240 million
- Apartment market moving on up
- United adds San Francisco nonstop from St. Louis
- SF hotel rates and occupancy keep dropping
- SF construction firm gets $5M
- URS acquires Colorado firm
- SF metropolitan area home prices inch upward
- CIRM awards $250M for stem cell research
- UCSF and Gladstone best academic places to work
- Del Monte expands into new HQ
- AA begins Hawaii flights from Oakland
- Eventbrite gets $6.5 million
- Exports through SFO, Port of Oakland rebound
- Researchers team up for stem cell work
- Gloomy times for commercial real estate
- SF area's credit scores are the best
- 28 percent of SF homes on sale have had price cut
- Commercial sales plummeted 79 percent in SF
- Maveron sets up San Francisco office
- Bay Area home prices see first annual increase in 2 years
- SF unemployment at 9.9 in October
- November QuickFacts
- Wells closes or renames its Wachovia outlets
- Tech companies move into Chronicle building
- GWallet raises $12.5M
- Vizu raises $6.75M
- Fluxion assay deals push into Asia
- SF hotel occupancy holds up, not rates
- Solazyme, Inc. gets 22M in stimulus
- Decline in home values levels off
- Buck, CCSF, Berkeley CC win stem cell grants
- SF's Jobs Now program expands
- Hotels a bright spot in SF economy
- SF employment expected to improve
- Bay Area home sales and median price top last year again
- SF unemployment at 9.7 in November
- Genentech to build new S.S.F. office building
- SF housing market continues upswing
- S.F. places third in foreign investment
- Little good news in job report
- Federal Loan to help start Transbay center work
- High-speed rail to receive $2.25 billion
- $36.7M bond sale will help fund S.F. cruise ship terminal
- California Jobs Update
- State of biotech
- 2008
- Partners
- Events & Calendars
- News & Reports
- Contact Us
- Site Map
- Employment Opportunities