Study finds high-speed rail line an economic shot for Texas

October 19, 2015

A study commissioned by Texas Central Partners, the company planning a high-speed train between Houston and Dallas, estimates the 240-mile line would have a $36 billion impact on Texas over the next 25 years.Website Insert Our Name Tells Our Story copy

Texas Central CEO Tim Keith said the economic analysis — one of many the company is preparing as part of its federal review and the process of selling communities on the privately funded line — supports the benefits the company has claimed.

“The overall message here is we are on a path to keep our development pace moving quickly,” Keith said.

The company plans to begin construction in 2017, and start ferrying passengers in 2021. A number of regulatory hurdles remain for trains to start whisking riders between the metro areas at more than 200 mph.

Texas Central released the report, by Allen-based Insight Research Corp., on Thursday morning. The company also confirmed it plans a third station in addition to Houston and Dallas in Grimes County. The Grimes stop is meant to lure riders from the Bryan-College Station area. 

Dug Begley of The Houston Chronicle has the full story by clicking here.

 

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