Don’t let the commuter rail pass you by
Here in North Richland Hills, TEXRail has spurred growth
If cars are the only option, our roads and highways have no chance of keeping up.
Building more and more traffic lanes is impractical, unsustainable and cost-prohibitive.
Commuter rail is a necessary alternative that will continue to shape the Dallas-Fort Worth region.
“Where the rail goes, the communities flourish. Where it passes them by, they wither and die.”
My good friend Grapevine Mayor William D. Tate spoke those words at the groundbreaking ceremony for TEXRail in 2016.
As TEXRail is celebrating its fifth year of operation, his statement rings true.
Areas up and down the TEXRail line are flourishing.
The 27-mile TEXRail commuter rail line between downtown Fort Worth and DFW International Airport has provided nearly 3 million rides and is growing an average of 25% each year.
In 2026-27, ridership will increase exponentially as TEXRail is extended to the Fort Worth Medical District and connects with DART’s 26-mile Silver Line at DFW Airport, creating 53 miles of commuter rail between Fort Worth and Plano.
Reviving passenger service made sense in a Dallas-Fort Worth region experiencing continuous growth and is now the fourth-largest metro area and is expected to add another 3 million people over the next 25 years.
The railroad first came to our community in 1887 when the St. Louis Southwestern Railway Co.’s Cotton Belt Train made two stops per day in Smithfield.
In 1925, the Cotton Belt carried 75 million passenger miles, but by 1970 there were zero passenger miles.
However, the train tracks and right of way remained.
The actions taken by cities like Grapevine and North Richland Hills to add TEXRail stations were based on the long-term needs of our residents, looking decades into the future. Commuter rail in North Texas is only getting started.
The North Central Texas Council of Governments is developing a plan for what regional transit should look like for the next 40 years.
More collaboration between transit authorities, extending service beyond the existing areas and infill development are all part of this plan.
In North Richland Hills, a development is well underway with 150 acres surrounding TEXRail’s Iron Horse Station undergoing a building boom.
In the last few years, $250 million in private investment has brought new homes, multifamily units and commercial space to this district, all within a five-minute walk of the station’s platform.
Approximately 20 acres remain vacant, primarily zoned for office and commercial uses.
This area, just north of Loop 820, sat vacant or underutilized for decades.
Much of it was once zoned to be an industrial park, but only a few businesses came.
With TEXRail as the catalyst, the city renamed Industrial Boulevard to Iron Horse Boulevard and a new vision took shape for a mixed-use, pedestrian and bicycle-friendly community integrated with transit.
A vision for revitalizing Main Street in the historic Smithfield area of North Richland Hills is also taking shape.
With a $2.2 million Complete Streets grant from the North Central Texas Council of Governments, the city of North Richland Hills will reconstruct Main Street, Snider Street and Center Street and add new pedestrian connectivity to TEXRail’s Smithfield Station.
Along with wide sidewalks, streetlights and trees will be added and aging water and sanitary sewer mains will be replaced, making the area ready for new businesses to come in.
The city intends for new development along Main Street to have an architectural design that complements existing historic buildings and embraces Smithfield’s railroad heritage.
It’s true that Texans are fiercely independent and some will never give up their cars, but we have to offer alternative ways to move people around and relieve road congestion.
As North Texas continues to grow, commuter rail service will become increasingly important.
Located 15 minutes west of DFW Airport, 15 minutes northeast of downtown Fort Worth and 15 minutes southeast of Alliance, North Richland Hills is no longer a rural community.
Rather, it’s located right in the middle of the Dallas-Fort Worth area, with hundreds of thousands of cars passing through the community each day.
As commuter rail continues to grow and expand in the coming decades, it would have been very shortsighted had North Richland Hills let TEXRail just pass us by.
Oscar Trevino is the mayor of North Richland Hills.
Amtrak exec sees 'golden opportunity' for high-speed rail in Texas
Imagine hopping on a train in Dallas and, 90 minutes later, stepping off in Houston.
It's a scenario Andy Byford, Amtrak’s senior vice president for high-speed rail projects, hopes to see come to fruition in the coming years.
A partnership between Texas Central Partners LLC, founded in 2014 to build and operate high-speed rail between the state's two biggest cities, and Amtrak was announced in August to further study the proposed line's viability.
The partnership was formed after the Texas Supreme Court agreed in 2022 that Texas Central has eminent domain authority.
Bringing on Amtrak, a major train operator, was the latest sign of life for an effort that has seen a dizzying number of twists and turns in the past decade or so.
Now supporters of the project are hoping to capitalize on that momentum and a glut of federal funding.
Byford spoke April 16 to rail advocates at the Southwestern Rail Conference in Hurst, northeast of Fort Worth, about the opportunities and challenges ahead.
“If we're ever going to introduce high-speed rail to the U.S., now's the time,” Byford said. “I think the environment’s right, that desire is there. I'm not underplaying the challenges that remain. But there is a golden opportunity if we're going to do this.”
Below are a few important updates that emerged from conversations with Byford.
Influx of federal dollars puts Amtrak in 'unusual position'
President Joe Biden’s bipartisan Infrastructure Investment and Jobs Act provided Amtrak with $22 billion for projects and fleet acquisition and provided $44 billion to the Federal Railroad Administration for grants to states, Amtrak and rail projects.
For Byford, that’s a huge deal.
He said Amtrak is in the "unusual position" of being reasonably well-funded.
Byford said he views Texas as a huge market that is underserved. Outside of possible high-speed rail projects, Amtrak is also looking to extend the Heartland Flyer track that runs from Fort Worth to Oklahoma City to Wichita and Newton, Kansas.
Progress has been made — here is what's next
Some preliminary steps have been taken toward the goal of high-speed rail in Texas.
The Federal Railroad Administration has already outlined the technology that will be used — it will be similar to the Tokaido Shinkansen "bullet train" in Japan.
JR Central Eyes California, Texas For Bullet Trains
A Shinkansen bullet train traveling in Japan in January 2010, operated by Central Japan Railway Co.
Similar high-speed trains are supposed to be used in Texas.
In addition to the Texas Supreme Court's decision about eminent domain power, the project also has environmental approval.
But it's not a done deal, either.
Amtrak's still evaluating the Dallas-to-Houston project.
Currently, Amtrak is on the second step of its "Corridor ID" planning, which will help determine next steps for the project.
Byford expects Amtrak will be done with the second phase of that planning, which includes its own environmental review, by mid-June.
That will lead to a "service development plan" — which outlines the when, where and how of the project.
Amtrak could also apply for a federal-state partnership grant via the Federal Railroad Administration to speed things along further.
More challenges ahead
Byford knows any high speed-rail project will generate pushback — and when it comes to this proposal, he's met with opposition groups such as Texans Against High Speed Rail.
Navigating the political currents of both urban and rural Texas will continue to be a challenge for Texas Central and its allies.
It's worth nothing that some of the recent animosity directed toward high-speed rail in Dallas was specifically about plans to extend the service from Dallas to Fort Worth.
Hunt Realty Investments Inc. opposes an extension of high-speed rail connecting Dallas and Fort Worth, saying the rail could disrupt its $5 billion development plans near the Hyatt Regency Hotel by cutting through 20 acres of land the business owns.
“We're not allowing that project [to Fort Worth] to hold up what we are proposing to do from Dallas to Houston,” Byford said.
Another big challenge will be funding.
High-speed rail from Dallas to Houston could cost more than $30 billion.
Those dollars would have to come from multiple sources, Byford said.
Texas Central has already acquired around 30% of the land necessary to make the Dallas-to-Houston rail line a reality, Byford said.
Byford's goal is for that to happen in the early 2030s.
He said time is of the essence as cities like Dallas and Houston continue to grow.
"I think your alternative is to condemn Americans to evermore crowded interstates," he said. "To condemn taxpayers to just paying for ever widening of highways, and potentially using evermore crowded airports."
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Buy Indian Hotels Co. Ltd, Texrail Ltd & Bajaj Finance Ltd
Indian Hotels Co. Ltd (IHTL) is a buy call with a target of Rs. 112 and a stop loss of Rs. 100.
Open High Low Close Date
₹ 105.65 ₹ 106.85 ₹ 105.50 ₹ 105.95 Aug 25, 2020
₹ 102.35 ₹ 106.00 ₹ 101.20 ₹ 104.50 Aug 24, 2020
₹ 104.45 ₹ 106.45 ₹ 100.00 ₹ 100.85 Aug 21, 2020
₹ 96.70 ₹ 104.50 ₹ 96.15 ₹ 102.50 Aug 20, 2020
₹ 97.95 ₹ 98.30 ₹ 96.00 ₹ 96.75 Aug 19, 2020
Texmaco Rail & Engineering Ltd (TEXA) is a buy call with a target of Rs. 38 and a stop loss of Rs. 33.
Open High Low Close Date
₹ 29.20 ₹ 34.20 ₹ 28.45 ₹ 33.55 Aug 24, 2020
₹ 29.45 ₹ 29.95 ₹ 28.25 ₹ 28.50 Aug 21, 2020
₹ 28.50 ₹ 30.00 ₹ 27.10 ₹ 29.05 Aug 20, 2020
₹ 28.00 ₹ 31.75 ₹ 27.50 ₹ 29.20 Aug 19, 2020
₹ 26.40 ₹ 27.50 ₹ 26.00 ₹ 27.05 Aug 18, 2020
Bajaj Finance Ltd (BJFN) is a buy call with a target of Rs. 3,600 and a stop loss of Rs. 3,360.
Open High Low Close Date
₹ 3,403.00 ₹ 3,515.00 ₹ 3,401.05 ₹ 3,492.05 Aug 24, 2020
₹ 3,430.00 ₹ 3,440.00 ₹ 3,380.00 ₹ 3,389.30 Aug 21, 2020
₹ 3,378.00 ₹ 3,414.50 ₹ 3,353.05 ₹ 3,393.80 Aug 20, 2020
₹ 3,447.00 ₹ 3,465.00 ₹ 3,401.00 ₹ 3,409.95 Aug 19, 2020
₹ 3,399.00 ₹ 3,437.95 ₹ 3,366.60 ₹ 3,419.90 Aug 18, 2020
Disclaimer:
The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.
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Daily Equity Report As on 17Jul2020 Daily Equity Report As on 17Jul2020 Index Movement -Daywise (%) 17-Jul 16-Jul 15-Jul 14-Jul 13-Jul 10-Jul 09-Jul Nifty 50 1.51 1.15 0.10 -1.81 0.32 -0.42 1.01 Auto 1.73 1.22 0.22 -2.38 0.62 -0.63 0.37 Bank 1.71 1.20 -0.24 -3.16 -1.38 -2.22 1.43 Commodities 2.68 0.25 -0.68 -1.67 0.77 -0.52 0.76 Energy 4.20 0.26 -1.91 -1.71 0.93 0.53 0.46 Financial Services 1.94 0.87 -0.34 -2.45 -1.54 -1.89 1.58 FMCG 0.82 0.13 0.67 -0.90 1.28 0.49 -0.33 IT -0.62 2.83 5.24 -1.13 1.63 0.19 0.14 Pharma 0.87 1.68 0.55 0.48 0.34 0.85 0.39 LargeMidcap 250 1.35 0.71 -0.17 -1.39 0.06 -0.53 0.50 MidSmallcap 400 1.21 0.25 -0.26 -1.16 -0.14 -0.57 0.37 Smallcap 250 1.32 -0.07 -0.07 -1.30 -0.01 -0.33 0.83 Sector Winners and Losers(Change in Market Cap) LargeCap MidCap SmallCap Refineries 5,878,034 Telecommunications-Service 265,099 Pharmaceuticals 276,834 Banks-Private-Sector 2,807,734 Banks-Public-Sector 265,081 Miscellaneous 157,099 Personal-Care 1,374,227 Banks-Private-Sector 159,014 Media-Entertainment 143,495 Oil-Drilling-And-Exploration 865,138 Diversified 155,389 Chemicals 79,632 Diversified 661,546 Miscellaneous 138,615 Finance-General 74,910 Breweries-Distilleries -30,156 Plantations-Tea-Coffee -18,594 Hotels -7,234 Aluminium -87,596 Lubricants -20,277 Hospitals-Medical-Services -16,075 Retail -112,065 Paints-Varnishes -26,138 Computers-Software-Medium-Small -22,718 Food Processing -167,727 Computers-Software-Medium-Small -63,754 Textiles-Weaving -25,471 Computers-Software -1,810,822 Computers-Software -74,339 Sugar -29,012 Stocks Winners and Losers LargeCap Price Change(%) MidCap Price Change(%) SmallCap Price Change(%) BPCL 12.67 IDEA 13.38 TEXRAIL 19.96 HAL 11.19 TATAPOWER 5.57 HEG 14.46 HINDPETRO 6.77 NMDC 5.05 HIL 13.14 MUTHOOTFIN 6.30 SYNGENE 5.02 VIVIDHA 11.11 ONGC 5.52 VOLTAS 4.82 TRF 10.00 SBICARD 5.01 UNIONBANK 4.68 IOLCP 9.99 CADILAHC 4.57 IOB 4.41 EVEREADY 9.98 INFRATEL 4.26 CONCOR 4.36 PANACEABIO 9.98 GAIL 4.24 APOLLOHOSP 4.36 TRIL 9.95 TITAN 3.80 EMAMILTD 4.33 HATHWAY 9.94 HCLTECH -0.73 OFSS -1.81 ROLLT -5.00 DRREDDY -0.80 GLAXO -1.87 TIMESGTY -5.23 INFY -0.86 TATACOMM -1.89 EASTSILK -5.26 DMART -0.86 MOTILALOFS -2.10 HGINFRA -6.01 LTI -1.19 BBTC -2.11 TARMAT -6.01 TCS -1.52 THERMAX -2.34 APOLSINHOT -6.41 BRITANNIA -1.81 ISEC -3.16 KAUSHALYA -6.67 HINDALCO -2.35 MPHASIS -3.29 SANGAMIND -9.34 ALKEM -2.47 LTTS -4.24 KUANTUM -9.94 Stocks Delivery Spurt compared to 10 Days Average MidCap Max of Price Change Delivery Change(%) SmallCap Max of Price Change Delivery Change(%) BBTC 8.78 314.76 PAISALO 19.07 657.62 SYNGENE 2.34 301.11 RUCHI 5.00 617.37 NATCOPHARM 0.38 287.94 ALOKINDS -4.97 607.68 JUBLFOOD -3.84 282.24 AHLWEST -1.04 576.72 PNB -5.53 262.06 KUANTUM 17.55 543.36 CREDITACC -1.23 241.58 POLYMED 12.39 528.89 SUNDARMFIN -4.81 192.37 INSPIRISYS 19.96 508.34 PHOENIXLTD 2.33 190.80 PTL 2.63 468.88 KANSAINER -1.00 187.31 KICL -0.46 435.82 MGL -4.16 184.80 GUFICBIO 2.16 422.59 Options World - Participant wise OI Change Date Client DII FII Pro FII + Pro Combined 17/07/2020 51738 0 30219 -81957 30219 16/07/2020 -85727 993 -34858 119592 -33865 15/07/2020 -126065 1641 32591 91833 34232 14/07/2020 6098 -1888 -4515 305 -6403 13/07/2020 -12730 -721 28754 -15303 28033 10/07/2020 163873 -25 -29487 -134361 -29512 09/07/2020 -145260 20 -10609 155849 -10589 08/07/2020 105121 -1580 -3132 -100409 -4712 07/07/2020 26936 3629 -19137 -11428 -15508 06/07/2020 -65548 41 19856 45651 19897 03/07/2020 -47492 -2130 -3534 53156 -5664 02/07/2020 179160 2362 4373 -185895 6735 Top Nifty Call Writing this week Strike 17-Jul 16-Jul 15-Jul 14-Jul 13-Jul 11200 1252800 508275 181275 92550 256200 10800 298725 397950 705300 1608150 150600 10600 59175 165975 49425 967500 7350 10750 24750 2114025 444450 860925 2700 10700 6000 327375 177375 2269200 6525 Top Nifty Put Writing this week Strike 17-Jul 16-Jul 15-Jul 14-Jul 13-Jul 10700 1886475 1615500 145125 75 742950 10800 1579425 76275 76200 75 522975 10600 526050 1690875 391275 99975 104025 10650 310050 1482525 186525 6525 312600 10550 167100 1350675 92700 111525 287625 NSE Advane Decline Put-Call Ratio Advance Decline Ratio Index Put OI 83,267,735 NSE All 969 458 2.12 Index Call OI 50,744,465 LargeCap 73 18 4.06 1.64 MidCap 97 35 2.77 SmallCap 816 405 2.01
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