Friday, January 15, 2016
Elon Musk’s radical transport system will be tested in Nevada in 2016. It has been recently reported that the Hyperloop is coming to Nevada for testing. Hyperloop Technologies and the Nevada Governor’s office selected 50 acres in North Las Vegas at Apex Industrial park to test out the prototype system. This proposed system will reach speeds to 700 plus MPH or San Francisco to LA in 30 minutes. This system will be tested by in Las Vegas. A rival test will be done by a separate company Hyperloop Transportation Technology north of Los Angeles. The Hyperloop plan will be elevated above ground and it will carry tubes powered mainly by solar energy. There may be some hic-ups in the engineering, but Elon Muck Hyperloop Technologies and the rival LA group Hyperloop Transportation Technology are both pushing this technology forward. There always seems to be a reference of the SF to LA, but this could work Dallas to Houston, or maybe NY to Washington. It is a rival to the California High Speed Rail and the Xpress West High Speed train from Los Angeles (Victorville to Las Vegas). The Cal High Speed Rail has broken ground in the Central Valley, but there are not enough funds currently to move it along to Palmdale. The Hyperloop has estimated that the cost per passenger from SF to LA maybe under $30, while the high speed rail will need $billions to complete will cost more per passenger. Let’s let this play out and see whose technology and if the State and Federal Government will approve a Hyperloop since they have already spent money and have voter approval on the Rail line.
Saturday, January 2, 2016
Northrop Grumman was awarded the “B3” new stealth bomber contract, but it is under appeal by Lockheed and Boeing. Lockheed also has a presence in Palmdale, if there is any change maybe Lockheed will get some input. The entire bidding process takes time, so it looks like Northrup will get the bid unless there was any illegal backdoor deals. But there is no evidence of that. Additionally, BYD is building electric buses and expanding their footprint in other cities and States. Also Kinkishiryo which is also in Palmdale has been building some rail cars for the Metro Rapid Transit system. They were going to pull out of Palmdale at one point, but tempers and accusations cooled. There are several solar power facilities taking place on the west side. These projects are being built and jobs are operating. Once the conduction faze is complete then many of those construction jobs will be gone. But it seems as soon as a project is completed then another one gets started. The sun keeps shining on solar in Lancaster and LA County land. More engineering jobs like these especially the new stealth bomber and the bus and train construction and manufacturing creates a need for housing in ownership and rentals. This all increases the value of land over time. This is all positive news for real estate and land investment.