Posts Tagged ‘Texas Central Partners’

Texas Central Taps Renfe

October 11, 2018

Spanish company Renfe has been chosen to help operate a Texas high-speed rail service under development.

Texas Central said it has established a partnership with Renfe to operate the proposed service between Dallas and Houston.

Renfe will provide technical advice on design and construction and help Texas Central with operation and maintenance plans.

Another Spanish company, Adif, will help Renfe maintain equipment and signals, and oversee ticketing.

Renfe operates 5,000 trains daily on 7,500 miles of track in Spain.

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Texas Central Secures $300M Loan

September 17, 2018

The developers of a Texas high-speed rail passenger system have secured a $300 million loan.

Texas Central Partners will use the money to work toward getting permits for the rail line as well as engineering work.

A Dallas newspaper said the loan is being backed by financiers in Japan.

The 240-mile rail line would link Dallas and Houston and become the first privately owned high-speed train in the United States.

Texas Central has said it plans to use Japanese Shinkansen technology for the train.

“This is a loan to be paid back with interest,” the company said in a statement. “It does not change the train’s majority-Texan ownership.”

Texas Central has also received funding from investors living in Texas. The project is expected to cost between $12 billion to $15 billion.

Texas Central Chooses Houston Station Site

February 16, 2018

Texas Central Partners said its preferred site for a Houston station on its proposed Dallas-Houston high-speed rail line is located near the Northwest Mall.

because the area is expected to increase in population and jobs in the coming years.

“We look forward to helping create a new community that will also bring a transportation asset to all Houstonians,” said Jack Matthews, president of Matthews Southwest, which will be developing the station. “We are excited to work in an area with so much potential for vibrancy, including transit-oriented development.”

A Federal Railroad Administration environment analysis had outlined three potential sites for Houston, although Texas Central wants to build at the Northwest Mall.

Texas Central Shows Dallas Station Plans

February 1, 2018

The proposed Dallas station for a Texas high-speed rail network would be built downtown on a now largely vacant lot.

Texas Central said the terminal will be located on 60 acres south of the Kay Bailey Hutchison Convention Center in the Cedars neighborhood.

That would place the multilevel facility near an interchange between Interstates 30 and 35 and offer convenient connections to nearby road and Dallas Area Rapid Transit’s light-rail system and buses.

Texas Central Chief Executive Officer Carlos Aguilar said in a news release that the station could be a draw for Amazon’s proposed second headquarters. Dallas is among 20 cities on a list of finalists to be the home of the Amazon facility.

The station could cost as much as $15 million. Texas Central earlier released plans for a proposed station in Grimes County, Texas, the only midway stop on the proposed 240-mile Dalls-Houston rail line.

“This [Dallas] station will be a magnet for economic activity in an area ripe for development,” Aguilar said “It’s an amazing way to accelerate transit-oriented development that sets Texas apart from any other state and provides businesses with unparalleled access to workers, suppliers and other critical needs.”

FRA Releases Texas High-Speed Report

January 8, 2018

After a four-year process, the Federal Railroad Administration issued a draft environmental impact statement that identifies a preferred route for a Dallas-Houston high-speed rail line.

The line would be developed by Texas Central Partners, which will now be able to begin the process of land acquisition for construction of the line.

The proposed service would link the two cities in less than 90 minutes with trains traveling at better than 200 mph.

“This is the biggest milestone to date that we’ve crossed so far,” said Tim Keith, president of Texas Central Partners.

A public comment period on the draft statement period is open through February 20, 2018.

Comments received will be processed by the FRA before it releases a final environmental impact statement.

Negative comments are expected to be made pertaining to land acquisition, environmental health, and that Houston’s station would be too far north of the city for some.

Texas HSR Plan Advances

August 20, 2017

Texas Central Partners has chosen Fluor Enterprises and Lane Construction to review, refine and update the high-speed rail route that it is planning to build between Dallas and Houston.

Both companies would also be the preferred design-builder of the line.

“This underscores the attention the Texas Bullet Train has received from world-class firms, wanting to be part of a project that will revolutionize travel here and generate long-lasting local economic benefits,” Texas Central CEO Carlos Aguilar said in a statement.

Texas Central also announced it has reached a memorandum of agreement with Houston officials to share environmental surveys, utility analysis and engineering information related to the project, and they will work together to develop new transit and travel options to and from the likely terminus, possibly at the Northwest Mall in Houston.

The Dallas-Houston service is expected to cost $12 billion and be privately funded. Trains traveling at 200 mph would travel between the two cities in 90 minutes.

Construction is slated to begin in 2019 and take four to five years to complete.

Texas Legislature Doesn’t Act on Anti-Rail Bills

June 5, 2017

The Texas legislature adjourned without acting on legislation that rail passenger advocate say was designed to kill a proposed high-speed rail project.

Some anti-rail legislators proposed rules that would have likely killed the $16 billion project.

However, the legislature did adopt two bills that were aimed at the project.

Senate Bill 977, which Gov. Greg Abbott signed, prohibits using state money on high-speed rail.

Senate Bill 975 focuses on safety protocols for high speed-rail in the state. Abbott is expected to sign that legislation.

Texas Central Partners said it doesn’t expect SB 977 to affect the project because it will not be using state funds.

“Texas is proving again to be a leader in transportation, and the Railroad is proud to be a part of that,” said Holly Reed, managing director for external affairs at Texas Central Railway. “The Texas Bullet Train remains a key tool in the state’s infrastructure tool box as a safe, reliable and environmentally friendly option that efficiently will move our growing population.”

Texas Central hopes to begin service in 2023 or 2024.