Posted Oct 15, 2015, 8:48 PM
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Join Date: Jan 2009
Location: 360, St. Edwards
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http://blog.chron.com/thehighwayman/...hot-for-texas/
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Originally Posted by Chron
Study finds high-speed rail line an economic shot for Texas
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.
Texas Central CEO Tim Keith said the economic analysis β one of many the company is preparing as part of its federal review and the process of selling communities on the privately funded line β supports the benefits the company has claimed.
βThe overall message here is we are on a path to keep our development pace moving quickly,β 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.
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