The Hollywood Inn, a shuttered nightclub in a run-down section of Fresno, has been demolished. A few miles away, an 80-foot-deep shaft to test soil conditions has been sunk into the banks of the Fresno River.
Officials say such activities, along with recent legal victories and new long-term state funding, show genuine progress on the $68-billion high-speed-rail project that would link the state's major cities with 220-mph train service.
FOR THE RECORD
An earlier version of this article said that Ron Tutor, chief executive of Tutor Perini, spoke to securities analysts in a conference call this week. The call was last...