Raleigh development wants to get on track.
Position | Triangle - Brief article |
The developer of North Hills is mulling a personal rapid-transit system for the 100-acre Raleigh project, below. Like horizontal elevators, four-person cars would zip folks around a track directly to a destination. The idea gained some traction in the 1970s but proved impractical for most cities. London's Heathrow Airport unveiled an electric system, above, this summer. After using it, John Kane, CEO of Raleigh-based Kane Realty, figured something similar might be better than exhaust-belching buses for the mixed-use neighborhoods his company developed. Estimated cost: $20 million-$30 million, cheaper than light rail. A feasibility study should be ready by next summer. A key...
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