Houston-to-Dallas high-speed rail project may hold lessons for Austin-San Antonio
November 1st, 2019
November 1, 2019 - TheRivardReport.com -
While a San Antonio-to-Austin rail line remains an unrealized dream, a high-speed rail line between Houston and Dallas is much closer to connecting the state’s two largest cities.
The 240-mile route would take riders from Houston to Dallas – with a stop near College Station – in 87 minutes, said Holly Reed, the managing director of external affairs of Texas Central. Texas Central is the private company that has been raising capital, purchasing land, and securing contracts for rail line construction and high-speed trains for the Houston-Dallas project.
Texas Central is still in the process of buying land; only about 30 to 40 percent of the land needed has been purchased. The total price tag has yet to be tallied, but Reed said the construction for the rail line alone – not including land purchases or the train system – would cost $14 billion. The project is completely funded by private investors with no state or federal dollars involved.
Read more: https://therivardreport.com/houston-to-dallas-high-speed-rail-project-may-hold-lessons-for-san-antonio/
While a San Antonio-to-Austin rail line remains an unrealized dream, a high-speed rail line between Houston and Dallas is much closer to connecting the state’s two largest cities.
The 240-mile route would take riders from Houston to Dallas – with a stop near College Station – in 87 minutes, said Holly Reed, the managing director of external affairs of Texas Central. Texas Central is the private company that has been raising capital, purchasing land, and securing contracts for rail line construction and high-speed trains for the Houston-Dallas project.
Texas Central is still in the process of buying land; only about 30 to 40 percent of the land needed has been purchased. The total price tag has yet to be tallied, but Reed said the construction for the rail line alone – not including land purchases or the train system – would cost $14 billion. The project is completely funded by private investors with no state or federal dollars involved.
Read more: https://therivardreport.com/houston-to-dallas-high-speed-rail-project-may-hold-lessons-for-san-antonio/