Detroit (WWJ) -- The possibility of a rapid transit system being constructed in Detroit is getting a little closer to becoming a reality. The development of a Detroit Light Rail System along Woodward Avenue from downtown to 8 Mile Road is moving into the preliminary engineering phase.
President of Next Energy, James Croce said his company sees such a system as a key promotional tool, "We're going to be a user, for one," he said. "I'll tell you -- all the companies that we've talked to about recruiting them to come to Tech Town or to come to the region -- this is going to be part of our sales kit when we're out promoting the region." Croce said.
The Detroit Light Rail System, which would intersect with the Detroit/Ann Arbor rail line, could eventually run all the way to Pontiac.
Planners are hoping to see the Rail System become a reality in the next five to six years at an estimated total coast of $371 million.
Podcast - CBS News Interviews: 08/08/08
It's a border spat over "a fold in the earth" according to Jonathan Sanders, expert on Russia and former CBS News Moscow Correspondent. Sanders says the battle for South Ossetia will not last long but will make its mark on the future.
Education Minute 8/8
If you're on a campus tour with your soon to be college student, it pays to go their way for awhile.
Weekend Roundup: Olympic Politics
Howard Arenstein hosts: White House Correspondent Jim Axelrod reports on President Bush's critical speech about China. Howard speaks with Correspondents Mark Knoller and Steve Futterman in Beijing for the opening of the Olympic Games. Financial Correspond
Feldman Report-P.M. 8/8
A sale by any other name or the same name may not always be a sale, says WWJ and Fox2 Biz Man Murray Feldman.
GreatStuff 8/8
Lots of action this weekend at Freedom Hill.
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