SDC will undertake planning, designing, development, construction, improvement, commissioning, operation, maintenance and funding of the terminals, station sites, platform surfaces and circulation area. SDC will develop the parcels of land owned by Cadiz Riverfront Holdings and Cadiz Development Houston LLC, which includes the sites of the future Texas high-speed rail stations, as approved by Federal and State authorities, and the surrounding developable acreage. "To keep this positive momentum, we will begin discussions with various third parties who have successful experience with high-speed rail."ĪBOUT TEXAS HIGH-SPEED RAIL STATION DEVELOPMENT CORPORATION (SDC) "We have invested substantial time and energy to advance high-speed rail between Dallas and Houston and Grimes County near College Station, we do not intend on missing this opportunity for the people of Texas." said Jack Matthews, developer and investor. If a solution involving the Shinkansen system cannot be reached, our station sites will be used to make sure high-speed rail comes to Texas and integrates with the rest of the nation, using the best technology offered," Kleinheinz continued.
These station assets will be an integral part of the system when financing for the Tokaido Shinkansen system is finalized. and Japanese governments have an excellent, long-term history of working together on strategic projects and we are optimistic they will reach a mutually beneficial understanding.
#TEXAS HIGH SPEED RAIL ROUTE HOW TO#
"Texas Central is moving toward a consensus on how to finance their technology deployment along the Dallas/ Houston corridor. As this first high-speed rail project comes online, Texas is positioned to lead in discussions about a national rail strategy with the local and federal stakeholders." "Texas Central will be the blueprint for national high-speed rail, a solution for environmentally efficient transportation. "Our high-speed rail project connecting Dallas and Houston will be as transformational to Texas as DFW Airport was to the region when it was opened in 1973," said John Kleinheinz, investor. Reducing congestion: 86M cars removed from I-45, over 12,500/day, in year one.Reducing total greenhouse gases: 4.5 million tons by 2050 vs.Reducing CO2 emissions: 8 times less CO2 emissions per seat vs.I-45, the highway with the greatest number of fatalities per mile in America. Saving lives: 10 billion passengers without a single operational accident or fatality in over 57 years vs.Using less land: 28 times less land than a similar highway, 17 acres/mile vs.The all-electric, high-speed train will result in these projected benefits by 2050: Very few investments move performance measures to this magnitude and across so many independent policy-focus areas. The parcels of land owned by this group include the sites of the future Texas high-speed rail stations, as approved by Federal and State authorities and the surrounding developable acreage. The group owns approximately 52 acres in the Cedars neighborhood just south of downtown Dallas approximately 45 acres in Houston formerly known as the Northwest Mall and approximately 59 acres in Grimes County near College Station. The entity will be known as Texas High-Speed Rail Station Development Corporation, "SDC." This entity is independently owned by a consortium of Texas investors and separate from Texas Central.Ĭadiz Riverfront Holdings and Cadiz Development Houston LLC will form SDC and be led by John Kleinheinz and Jack Matthews. 13, 2021 /PRNewswire/ - Texas high-speed rail investors today announced their intention to form an entity that will develop train stations in Dallas, Houston and Grimes County near College Station, where the permitted high-speed rail line terminals will be located.
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