Union Pacific's asking price for an abandoned rail line linking Hagg Lake with McMinnville has dropped from $9 million to about $2.4 million.
Potential rail-to-trail project backers are identifying money to create a 17-mile bicycle and pedestrian trail.
And with much of the right-of-way's tracks still in reasonably good condition, backers embrace an even longer-term notion of eventually restoring rail service, providing both passengers and freight with a quick and comfortable alternative to the growing traffic nightmare that is Oregon 99W.
"This really has everything going for it," said Lyell Gardner, a former Washington County commissioner who has extensive experiencing spearheading rails-to-trails projects. "It could really be a gem for generations to come."
Read more at OregonLive.com.