March 12, 2009 The Daily Press "Va. Beach acquires old Norfolk Southern line"
Submitted by VHSR on March 12, 2009 - 3:00am.
Rail News
Virginia Beach has acquired a 10.6-mile rail line from Norfolk Southern for $40 million.
The line would link Norfolk and Virginia Beach if a proposed light rail is built.
Virginia Beach Mayor Will Sessoms announced the purchase of the line Thursday.
Funding for the purchase came from a $20 million state grant, $10 million from the city and $5 million from Hampton Roads Transit. The remaining $5 million will come from easement payments.