No Eminent Domain to Build Hyperloop.

Hyperloop travel time from Austin to San Antonio: 15 minutes

Hyperloop financing structure: Private

Hyperloop use of eminent domain: No eminent domain will be used.

Texas Monthly | Will Texas Soon Be Home To The Fastest Train In The World?

 

Previously on InformedIntel, 14 July 2016:

Texas Transportation Project Saying No to Eminent Domain. Yes to Profit Sharing with Landowners.

The start up:    Transonic Transportation LLC

The rail project:   A hyperloop connecting Austin & San Antonio

The use of royalties instead of eminent domain: Instead of acquiring land, the model involves giving dividends and profit sharing to landowners

The pro-private proeprty rights angle: Since hyperloop track would be build on pylons, there is no barrier to access to land, unlike when tracks are laid on the ground.

San Antonio Business Journal | Exclusive: Making way for bullet trains, SA startup’s strategy to use royalties not eminent domain