What Texas’ high-speed train means for Grimes County The 240-mile North Texas-to-Houston line includes one midway stop, at a Brazos Valley Station passenger station in Grimes County, between Bryan/College Station and Huntsville.
The project is expected to produce more than $36 billion in economic benefits over the next 25 years. These economic benefits will be in the form of direct spending, increased employment, new economic activity generated by the project, taxes it pays on its rail line, maintenance facilities, passenger stations and capital expenditures. Texas Central’s investment in Grimes County will top more than $1 billion between now and 2021 during the construction of the track and systems, the Brazos Valley Station and related facilities. As a result of the investment, the Brazos Valley Station is expected to attract additional development, including new residential areas within an easy driving distance of the station.
Also, the direct anticipated tax revenue Grimes County could receive from the project is estimated at more than $50 million between now and 2040.
Among the many other benefits: • Trains will make the trip between Dallas/Fort Worth and Houston in less than 90 minutes. That means riders can get from Sam Houston State University (SHSU) and Texas A&M to Houston (approximately 60 minutes) or to North Texas (approximately 90 minutes) comfortably, safely and productively. • The project would help connect SHSU to the state’s two largest economic hubs and connect Texas A&M’s largest specialty campuses by rail: Texas A&M’s flagship campus in College Station, Texas A&M Baylor College of Dentistry in Dallas and Texas A&M School of Law in Fort Worth. • Texas companies will benefit directly from construction work, such as building the system and maintenance facilities, supplying materials and providing long-term support for the system. • The project could create an average of 10,000 jobs per year over the four years for construction. • Once rail operations begin, Texas Central estimates that it will directly employ about 1,000 permanent employees along the entire route, including operations and maintenance. The annual payroll is estimated at $80 million.
• An additional 4,000 indirect jobs are expected to be created, thanks to retail, office and other development near the three passenger stations. • Other businesses will benefit indirectly as the project brings more people into local restaurants, hotels and retail shops.
Taxpayer, not tax-taker Typically, passenger transportation systems such as highways and transit do not pay taxes because they are government owned and operated. For Texas Central, as a private company, most of its assets - tracks, maintenance facilities, stations - and capital expenditures are taxable. That means: • The project would pay nearly $2.5 billion in taxes to the state, counties, school districts, hospital districts and other taxing entities along the corridor between now and 2040. • That amount largely will come from property taxes and state and local sales taxes. • Every county touched by the project - both rural and urban - could receive significant, long-term tax revenue benefits from the project. • For example, the direct anticipated tax revenue Grimes County could receive from the project is estimated at more than $50 million between now and 2040. • Private development – including transit-oriented development around the stations spurred by the project – is expected to generate nearly $1.9 billion in tax revenues for the state, counties, cities and school districts between now and 2040. • That’s based on taxes paid by new office and housing developments, retail stores, restaurants and other businesses drawn by the high-speed rail system.
Alignments are subject to change during the EIS process as environmental impacts are identified and as preliminary engineering is completed.
Dallas Segment 1
Segment 2b
Ellis
Navarro Segment 3b
Segment 2a
Segment 3c Segment 3a
Freestone Limestone Segment 4
Leon Falls Robertson Madison Walker Brazos Segment 5
Legend County Boundary
Grimes
Montgomery
Base Alignment BA-Base BA-2 CR-Base
Harris
CR-1 IH45-Base IH45-Alt MD-Base HC-4
Waller
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