Candace Carlisle | Dallas Business Journal

Two preferred sites for a potential new Dallas high-speed rail station are going through environmental impact studies, which could bring a rail station and billions of dollars in surrounding development to downtown Dallas.

The two proposed sites almost overlap and would create a transit-oriented development with access of up to 60 acres to 80 acres of land could bring thousands of square feet of commercial real estate to the southern portion of the city, Matthews Southwest President Jack Matthews, told the Dallas Business Journal on Friday.

“This will be a massive game changer for the city of Dallas and the city of Houston,” Matthews told me. “This would put us in a different orbit than any other city in the country, linking up two of the top cities in the country.”

Texas Central Railway has proposed a 200-mph bullet train to connect Dallas to Houston with a 90-minute trip. The Dallas high-speed rail station would serve as a destination for the North Texas business community to connect to the south Texas city. Read more