Wes Edens, the co-founder of Fortress Investment Group and owner of Brightline, is showing interest in Construct 8, a project that aims to connect Las Vegas and Southern California. The $8 billion plan includes the construction of a 170-mile railway line that will run from Victorville, California, to Las Vegas.
Edens is no stranger to transportation investments, having launched Brightline, a passenger rail system, in Florida. The rail system has since expanded and rebranded as Virgin Trains USA, with plans to extend to other major cities across the United States.
The Construct 8 project is expected to provide a much-needed transportation option for travelers who currently have to rely on long drives or expensive flights to travel between the two regions. The railway line will also benefit the local economies by creating job opportunities and boosting tourism.
Edens sees the project as a significant opportunity for growth, both for his investment firm and the regions it will connect. He has expressed his eagerness to work with state officials and private investors to make the project a reality.
While there are still several regulatory hurdles to overcome before construction can begin, Wes Edens remains optimistic about the project’s prospects. In addition to Construct 8, he has also expressed interest in investing in other infrastructure projects, such as high-speed rail and renewable energy.
In addition to his transportation investments, Edens has a diverse portfolio of investments, ranging from sports teams to healthcare companies. He is also an active philanthropist, donating millions to causes such as education and conservation.
Wes Edens is a seasoned investor with a keen eye for opportunities in transportation and infrastructure. His interest in Construct 8 shows his commitment to creating sustainable and efficient transportation options for communities across the United States.
Read more about Wes Edens on SBJ