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Texas Central Railway

Proposed private high-speed rail line

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On April 11, 2024, the governments of the United States and Japan signaled support for the project after their leaders met in Washington. Amtrak briefly took over planning of the project with estimates that it would cost more than $30 billion and could start service in the early 2030s. However, following the withdrawal of a federal grant by the second Trump administration, Amtrak ended its involvement in the project in April 2025, returning the initiative to private control.

Management history

Lone Star High-Speed Rail LLC was founded in 2009, changing its name to Texas Central Railway in 2012. Texas Central Partners, LLC (TCP), was founded on September 24, 2013, as the company to build and operate the service, with the rail line itself owned by the separate Texas Central Railway (TCR). Texas Central Partners is working with the Federal Railroad Administration (FRA) and TxDOT to develop the Environmental Impact Statement required by NEPA. In July 2015 the company announced that it had secured $75 million of private funding to allow the project to move forward from feasibility studies to development planning.

On June 11, 2022, CEO Carlos Aguilar stepped down after leading Texas Central since December 2016. Since 2022, Michael Bui acts as CEO.

In 2023, Amtrak began working with the company to revive the project, including submitting applications to federal programs for grant funds. In April 2024, Amtrak formally took over planning of the project. At that time, estimates suggested the project would cost more than $30 billion, with a potential service start in the early 2030s. Andy Byford, Amtrak's vice president of High-Speed Rail Development, stated that Amtrak was assembling a public and private funding package to finance the project. In August 2024, the project was awarded a $64 million federal grant from the Infrastructure Investment and Jobs Act to continue planning. Significant changes occurred in early 2025. In January, ownership shifted when John Kleinheinz became the lead investor, with Kleinheinz Capital Partners buying out the Japanese investors. However, in April 2025, the federal grant was revoked by the second Trump administration. Following this withdrawal of funding, Amtrak ended their involvement in the project.

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