In a state that prides itself on innovation, Texas’ high-speed railway was honored Tuesday night for its “Big Idea” to transform travel in America.
The Urban Land Institute’s North Texas chapter recognized the Texas Central high-speed rail project as winner at its annual Impact Awards competition for the “Next Big Idea.” ULI judged dozens of entries in that category, saluting the finalists as creative and ground-breaking initiatives that can thrive economically and provide long-term benefits.
We are excited that others are recognizing the importance of a project whose private business model will provide significant public benefits. This is another demonstration of the project’s game-changing approach to become the nation’s first true high-speed railway.
ULI reviewed a wide range of projects—from housing to commercial and mixed-use development and new communities, from open spaces to policy initiatives. You can see more here on the awards: http://northtexas.uli.org/impact-awards/
Texas Central’s presentation in the ULI competition highlighted how the North Texas-to-Houston passenger link will generate $36 billion in economic activity in local communities over the next 25 years. Texans will get a safe, affordable and reliable transportation alternative that uses far less land and has a much smaller environmental impact than major highway construction.
Thank you to all who voted for high-speed rail, and to ULI North Texas for giving us the opportunity to share our vision.