Shop Talk: Privately funded high-speed passenger train coming to Texas

Come 2025, travelers will be traveling between Dallas and Houston at upwards of 200 mph on Japanese manufactured trains as part of a roughly $17 billion project being entirely underwritten by private investors. What is the cost structure for the organization and what is its revenue model? What will it cost passengers? What ridership level is required to make a profit? Will the system compete with air travel? And what is it expected to do for surrounding real estate development and the overall economies of Texas cities? Tim Keith, CIO of Texas Central, has answers for all of those questions and many more. (04/2019)