Overview

• The Houston–Dallas high-speed rail project remains active, with officials expecting to finalize planning and financing by the end of 2025.
• Federal Transportation Secretary Sean Duffy rescinded a $63.9 million grant, emphasizing the project should rely solely on private funding.
• Kleinheinz Capital Partners, now the project's lead investor, aims to follow a private-sector model similar to Florida's Brightline rail system.
• The project has yet to secure essential permits or acquire all required land, with 25% of the route purchased and eminent domain still contested.
• If planning and permits are completed this year, construction is projected to take 80–86 months, with completion anticipated around 2032–2033.