The planning and/or fighting (depending on which side you believe) is on for the proposed high-speed rail system between Dallas and Houston after levels of government cooperation for the proposed $30 billion project. Some politicians are ready for it to get underway while others are not. From the look of things (per the below linked update), it's going to take a while but it seems likely this project will happen.
Much of the area between the two major cities is open land. Sites for stations along the route have already been acquired. One statistic clearly stands out to me, which is that nearly 90% of the Texas population lives within 30 minutes of one of the planned stations along the route. That is nearly 90%. I can't help but think of how many opportunities that creates for real estate investors, developers, brokers, lenders, and contractors. The short-term could bring employee or temporary housing, while the long-term brings promise for everything from restaurants and light retail to parking structures (the Texas heat and rain) and commercial buildings.
Those that get in on it early could possibly acquire land and entitlements at a much lower cost than when the project development is underway and completed. It takes a good amount of research, but there are life-changing opportunities that could come as a result. My team and I would love to help another real estate developer or investor toward the biggest deal of a lifetime.
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