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Investegate announcements from NetScientific PLC, Board Changes; Options; Co-Investment Agreement

The rail property right next to I-25 in central Denver was bought to expand the interstate and create new rail and transit options.

The Colorado Department of Transportation’s plan to widen the Interstate 25 freeway through Denver is one of a few plans to widen urban freeways under consideration in the United States.

And perhaps eventually, downtown access for a Front Range passenger rail line.

It is an odd marriage. CDOT, through HPTE, wants to buy 61 acres of land that is not strictly for transportation, and the state's economic development office is helping buy land that is not strictly for development. "When you invest in infrastructure, it attracts employers and workers and facilitates economic growth," said Kraft. Of the 61 acres, CDOT expects it will need about a quarter of that. The goal would be to move the railroad that borders I-25 on the east, so that I-25 could be expanded away from the Platte River. The purchase of Burnham Yard would, more importantly, give CDOT the ar...