Relocating? Life in Lake Norman

Red Line Commuter Rail from Charlotte to Mooresville; Good or Bad Idea?

 

 

For 15 years there has been a planning effort among state and local officials to create what is being called the Red Line project; a 25-mile commuter train that will run east of I-77  and link Charlotte to Harris, Eastfield, Hambright, Huntersville, Cornelius, Davidson and end at Mount Mourne in south Mooresville.

To me the benefits are obvious: cutting traffic on I-77 and helping commuters who work in Charlotte but wish to live in the Lake Norman area.  Opponents of the plan unfortunately include a large chunk of Iredell County elected Officials and several Cornelius town board members who balk at the taxes, proposed development along the line and feel it will benefit just a few.

This past Wednesday, November 30th, consultants outlined a 5-year plan to build the Red Line Regional Rail which included a formal partnership among local governments, the state and Charlotte Area Transportation System.  According to an article by Christina Rogers in Cornelius.net, “Under the proposed plan, the partners would cooperate by setting up a Joint Powers Authority (JPA) which would govern construction and operations costs: 25% from CATS, 25% from the state of North Carolina, and 50% from local governments….The plan…fleshes out how the towns would meet their obligation, and it won’t mean increased taxes for individual homeowners….Instead, under the proposed plan, towns would pay for the rail through revenues expected to result from the increased value of property along the rail line.”

There is a ton of detailed information about the Red Line on the Cornelius News.Net Blog.  They have some great links including this one of the map:

http://corneliusnews.net/Documents/2011/113011%20Red%20Line%20Business%20Plan/RLRR%20Corridor%20Map.pdf

Want to get involved or learn more?

There will be a 4-hour public meeting on December 13th from 10:00am – 2:00pm at the Charles Mack Citizens Center in Historic Downtown Mooresville.  You can also learn more at the Lake Norman Transportation Commission’s website.

Please share with my readers your thoughts, experience or any feedback from these meetings!

Additional Articles 

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A Glimpse Into Post Recession Lake Norman Real Estate

Lake Norman Area is Growing and Improving Despite the Recession!

Lake Norman Real Estate: Is Mooresville Really Bucking the Recession?

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  1. Pingback: Lake Norman Area Wins Top Honors for Economic Development and Donald Trump wants to Make Lake Norman “Magical”!! | Lake Norman Real Estate and Lake Norman, NC Homes for Sale

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