MANITOU SPRINGS, Colo. (CBS4) –The Pikes Peak Cog Railway is one step closer to being rebuilt.
Manitou Springs city councilors approved a new deal which will get the historic train up and running again after it shut down in 2017 after 126 years.
The Broadmoor agreed to invest $100 million in repairs. Tuesday night’s deal gives the Broadmoor tax breaks for the construction.
Officials hope construction starts in August with a reopening date set in 2020.