UPDATE: Texas Central Railway CEO resigns, high-speed rail project has new life after court ruling
This story last updated June 24, 2022 The Texas Central Railway, seemingly on life support after its president resigned suddenly, may be back on track. The Texas Supreme Court ruled today (June 24) that the company may acquire land via eminent domain to build its high-speed line between Dallas and Houston. The ruling comes nearly six months after the court heard arguments again to support an appellate court’s decision that Texas Central is a railroad or interurban, which have rights to acquire private property for public use. The court supported the appellate court’s decision two years ago but reversed direction in 2021, leading to a second review. The time lapse between today’s decision and a series of recent events, including the June 13 resignation of Carlos Aguilar as CEO and president of Texas Central Partners, seemingly put the project in jeopardy. Aguilar cited an inability to get key players on…