This seems kind of interesting except for Quay Valley[1] which is the figment of someone's over active imagination. A much more interesting idea would be to build a Hyper loop between Fresno and San Luis Obispo.

[1] Quay Valley, the quintessential real estate scam :-) For those of you who don't know, this is located on Interstate 5 between Highway 41 and Highway 46 call it due west of Delano. Now zoom in on the satellite view. What you see is the dry, parched soil of the central valley, without access to water reverted back to its native desert scrub form. This is some of the cheapest land you can buy in California if you don't require water rights.