LAS VEGAS, NV -- (Marketwired) -- 06/25/13 -- Las Vegas Railway Express, Inc. (OTCQB: XTRN) announced today that the company is in negotiations with the City of North Las Vegas for the new train station that will serve passengers traveling on the much-anticipated route between Southern California and Las Vegas, Nevada. The X Train, as it is known, has been in development for the past several years, and this step is a major milestone in returning passenger rail travel to the Southern California/Nevada corridor.
"After reviewing many properties for our station in Southern Nevada, we have selected one in the city of North Las Vegas that suits our needs perfectly," states Dianne David Barron, Las Vegas Railway Express' Director of Real Estate. "We are currently in final negotiations with the public agency and the property owner. Until all the agreements approved by the Mayor and Council and signed, we cannot disclose the details of the Vegas X Train Station. We look forward to all agreements being executed and making a formal announcement this summer," she added.
The announcement comes after much speculation on the final location of the new train station. "News that the XTRAIN has chosen North Las Vegas as the destination for its party train from LA to Southern Nevada is thrilling," said North Las Vegas Mayor Shari Buck. "This fast track for tourists is sure to help propel us back to prosperity, creating new jobs, boosting commerce and giving visitors a chance to see just how great our city is," she continued.
About Las Vegas Railway Express
Las Vegas Railway Express, Inc. is a publicly traded company (OTCQB: XTRN) that is in the rail travel and excursion business. The company provides travel packages throughout the United States and Canada and is currently in the process of designing and implementing an expedited, luxury train service from the Los Angeles basin to Las Vegas. In addition, the X Train will also offer the ability for its passengers to book hotel rooms, transportation transfers, entertainment & show tickets and other travel incidentals. For more information, please visit the company website at http://www.vegasxtrain.com.
About The City Of North Las Vegas
Known as Your Community of Choice, the City of North Las Vegas was incorporated in 1946 and is located in Clark County in Southern Nevada. North Las Vegas encompasses more than 78 square miles and stretches across the northern rim of the Las Vegas Valley. Surrounded by beautiful mountains and at the intersection of the Great Basin, and the Mojave and the Sonoran Deserts, North Las Vegas offers recreational opportunities, cultural activities and the glamour of the nearby Las Vegas Strip. Home to 170-acre Craig Ranch Regional Park and newly developed recreational trails. North Las Vegas is also an easy jaunt to other Southern Nevada attractions, such as Valley of Fire State Park, Red Rock Canyon National Conservation Area and Lake Mead National Recreation Area.
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OCTOBER 31, 2014
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