Posted on 03/14/2017 2:33:48 PM PDT by Brad from Tennessee
DALLAS –Texas Central, developers of the state’s high-speed train, announced on February 7th that it reached a significant milestone in its land option program, the result of collaborative and ongoing engagements with property owners and stakeholders along the project’s potential route.
The company said it has reached option agreements on about 30 percent of the parcels estimate to be needed for the bullet train’s route in the 10-county stretch between North Texas and Houston.
Negotiations have resulted in option agreements in all 10 counties, including 50 percent of the parcels for the proposed route in Waller and Grimes counties. Grimes County is the site of a Brazos Valley passenger station, a midway stop on the 240-mile line between the state’s top metro areas.
Texas Central’s option program compensates owners today in exchange for the right to acquire a parcel at a future date at an agreed price. The option offers are being made in select areas of alignments that are under review as part of the project’s environmental assessment.
To date, options have been negotiated representing about 30 percent of the parcels estimated for the potential route.
“This is a significant step in the progress of the high-speed train and it reflects the positive dialogue we have had with landowners along the route,” said Texas Central CEO Carlos Aguilar. “Texans see the many benefits of a system that will provide a safe, reliable and productive alternative to the state’s transportation demands.”
Since the beginning of the project, Texas Central has pledged to engage in personalized, open, and collaborative discussions with landowners, listening to concerns, outlining the project’s benefits and answering quest9ons. Texas Central so far has hosted 28 information meetings throughout the 10 counties, allowing for additional individual conversations with project managers and subject matter experts. . .
(Excerpt) Read more at northdallasgazette.com ...
I am cheering for this only because it would mean a red state beating California at something.
Huh? More like 3/4 of the way from Dallas to Houston. Hardly midway.
They will end up stealing a large amount of land with eminent domain.
They’ll have to go through Rock Ridge.
You have to wonder if this projects’ planners also believed 100% that HRC would win.
it is noted that 70% of the property options have not been secured nd the price on them continues to rise
They need to quit pouring all this money into high-speed trains and instead focus on flying cars. We were definitely supposed to have flying cars by now.
How do you (((ping))) the Texas forum?
We'll just ride into town, a whompin' and a whoopin', a whoopin' and a whompin'.
I might support this between Phoenix and Tucson. There are already existing SP tracks between the two cities & that stretch of I-10 is very crowded.
+1
Better Yet save money and kill the train!!!
Considering how poorly people maintain their cars and how poorly they navigate in just two dimensions, it promises to be entertaining.
This bullet train is really terrible. It’s owned by a foreign company.......funny they never mention that. And it will definitely affect property values.
Those 3-d round-a-bouts will sure be fun.
I have no problem with high speed trains so long as not one damn dime of taxpayer money is spent on it and land owners are compensated fairly plus a little extra money on top for them.
Don’t forget yer dimes!
Myself and two others, Texas Fossil and Texas Booster, hold the Texas ping list. Any of us can ping the list for you.
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