Texas high speed rail passes major milestone with first fundraising announcement (Houston Chronicle)

Photo Courtesy of Houston Chronicle

Photo Courtesy of Houston Chronicle

By Dylan Baddour
A revolutionary project to connect Dallas and Houston by bullet train just took a major leap forward.

Texas Central Partners, which aims to build the nation’s first bullet train between Texas’ two biggest cities, announced Wednesday they’d raked in $75 million in private investments in the company’s first round of fundraising. That money will allow the ambitious $10 billion project to move forward from feasibility studies to development planning.

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