Texas Central Partners inks deal with city of Houston for bullet train
The terminal will be built somewhere south of U.S. 290, west of Loop 610 and north of Interstate 10 to allow for easy access for employment centers at the Galleria, Texas Medical Center, Energy Corridor and downtown, according to the release.
Per the agreement, Texas Central has committed to recruiting Houston employees to construct, maintain and operate the train. The company estimates the project will create 10,000 jobs per year during the construction phase, which is expected to begin in late 2018 or early 2019 and finish in 2023.
Once the 240-mile rail line is complete, it should create up to 1,000 permanent jobs. Train riders will be able to travel between Houston and Dallas in 90 minutes at speeds of 205 miles per hour.