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  #201  
Old Posted Dec 18, 2017, 7:43 PM
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Where is the $$? Still vaporware til that is lined up.

Easiest/best route for HSR in the country tho except for it being in Texas
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  #202  
Old Posted Dec 18, 2017, 7:50 PM
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Where is the $$? Still vaporware til that is lined up.

Easiest/best route for HSR in the country tho except for it being in Texas
This is a private project. It's being privately funded. Yes, there will be government cooperation on certain things, but it's not a state agency project like the California high speed rail project.
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  #203  
Old Posted Dec 19, 2017, 1:01 PM
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Yeah but they don't have any money at the moment and have been talking about this for decades with no movement
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  #204  
Old Posted Dec 19, 2017, 2:52 PM
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Yeah but they don't have any money at the moment and have been talking about this for decades with no movement
That's not quite truthful. They have raised the money to pay for the legally required environmental studies, and pay for the required pubic meetings about them.
It's difficult to sell securities for projects without the necessary government paperwork and permits approved. Even Brightline has faced the same difficulties before the permits are issued, yet seem to be able to sell the securities to build the sections of the rail corridor once the permits are in place. I don't expect Texas Central or anyone else to do better on that front. You have to first get all the foundations for a building in place before you can build the building.
While the process is slow, Texas Central has been accomplishing things in the proper order, step by step. Only time will tell if they will be successful.
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  #205  
Old Posted Dec 23, 2017, 1:42 AM
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Originally Posted by electricron View Post
That's not quite truthful. They have raised the money to pay for the legally required environmental studies, and pay for the required pubic meetings about them.
It's difficult to sell securities for projects without the necessary government paperwork and permits approved. Even Brightline has faced the same difficulties before the permits are issued, yet seem to be able to sell the securities to build the sections of the rail corridor once the permits are in place. I don't expect Texas Central or anyone else to do better on that front. You have to first get all the foundations for a building in place before you can build the building.
While the process is slow, Texas Central has been accomplishing things in the proper order, step by step. Only time will tell if they will be successful.
This is spot on. And it seems like they're truly gaining steam toward being successful, especially with regard to public attention. People are talking about it more, they want it more, and more folks are seeing the need for it. Of course, this doesn't equal dollars in many cases, but it isn't insignificant. Several landowners (not a majority, however) in between are even beginning to support it due to the benefit of more folks in the state. Good conversations are happening. I'm excited to see how all of this pans out, for sure.
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  #206  
Old Posted Jan 15, 2018, 5:21 PM
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HOUSTON-DALLAS HIGH SPEED TRAIN CLEARS FEDERAL HURDLE

https://www.moderncities.com/article...federal-hurdle

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- The Texas 'bullet train' cleared a major hurdle with the release of a draft environmental impact statement from the Federal Railroad Administration that identifies a preferred route between Dallas and Houston as well as passenger station locations.

.....



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