MINNEAPOLIS (WCCO) — Work on a proposed high-speed train line between the Twin Cities and Rochester has been suspended, according to the Minnesota Department of Transportation.

The suspension is pending a decision by the Olmsted County Regional Railroad Authority, which is expected next week.

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MnDOT has issued permits to private company North American High Speed Rail, which is interested in the Zip Rail project. The company will begin a feasibility study in the coming weeks.

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If NAHSR would take on the project, it would be funded entirely by private means and would likely be much different than the plan which was originally proposed.

MnDOT says the project could create thousands of jobs and more than $1 billion in economic input.

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Click here for more information on the Zip Rail project.