DALLAS (CBSDFW.COM) – The Texas company behind an effort to build a high-speed rail between Dallas and Houston has announced a major step forward in the project.READ MORE: Supply Chain Issues: 'There Really Are Problems Everywhere,' Even For Small Companies
It’s raised 75-million dollars in private investments, which will help move the project into its second phase: development planning.READ MORE: UPDATE: Severe Weather Threat For North Texas Late Tuesday Night, Early Wednesday Morning
The bullet train would cut the three and a half hour drive to just 90 minutes.
Investors hope to have it up and running as early as the year 2021.
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