Texas Central said it will consult with the city prior to finalizing the location of the Houston Terminal Station. Texas Central states in the MOU that the end-of-the-line site in Houston will be in the general area south of U.S. The agreement says many of these jobs will involve construction within the city, including building the rail line and the Houston passenger station. The project is expected to generate $36 billion in direct economic activity over the next 25 years, create more than 10,000 direct jobs per year during construction and up to 1,000 jobs permanently when operational. The agreement continues the project’s momentum and shows the nation-and the rest of the world-how Texas does big things the right way for the public good," McLane said. This demonstrates how the free market can play an integral part in addressing America’s enormous infrastructure opportunities. "The bullet train is the next great deal for Texas. Houston businessman Drayton McLane Jr., a member of the Texas Central board of directors and former owner of the Houston Astros, said the project is a game-changer - a new transportation choice that’s fast, safe, reliable and productive. Texas Central has continuously said it will not take public funds or grants to fund the project. "We also look forward to the project’s creation of job opportunities and economic development," Turner said. The proposed high-speed rail line would run from Dallas to Houston in 90 minutes, with a stop in the Brazos Valley somewhere between College Station and Huntsville. The MOU states that the project would create 10,000 direct jobs per year during the construction phase, and that many of those jobs will be within the Houston city limits, including the rail line along the Hempstead Highway and the Houston Terminal Station. The high-speed rail project connecting Dallas to Houston, which was announced in 2014, was set to begin construction in 2021, according to previous estimates from Texas Central from 2015. The proposed cost of the project is around $12 billion, which would be privately funded. The system Texas Central Railroad proposes to build in Texas will replicate the proven Japanese Tokaido Shinkansen high-speed rail system By Demetrius Harper Published Updated. Many other counties, municipalities, lawmakers and citizens, not just in the Brazos Valley, but all the rural counties between the two large metropolitan cities have expressed opposition, citing a privately-owned company doesn't have the right to eminent domain. The proposed stop is near Shiro in Grimes County, whose county government and Judge Ben Leman (chairman of Texans Against High Speed Rail) has been extremely vocal in opposition to the project. "This innovative high-speed passenger rail technology is not available anywhere else in the country, and will be constructed and operated on a dedicated, grade separated, secure corridor with bullet trains operating at speeds up to 205 mph, enabling Texas Central to provide passengers safe, convenient, reliable and efficient travel between Houston and Dallas in less than 90 minutes with one stop in the Brazos Valley," the MOU reads. The MOU states that travel between Dallas and Houston will be less than 90 minutes, much less than the four hours by passenger vehicles.
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