Texas Central, developers of a high speed rail they hope will one day service the Dallas-Houston corridor, say they’re making a billion dollar investment in Grimes County.

On Thursday, Texas Central released new details on their planned passenger station in Roans Prairie. The stop will service Brazos Valley residents.

The terminal will be built on 60 acres in Roans Prairie, located along Highway 30 just west of Highway 90. The Brazos Valley station is the only midway stop on the route. The Federal Railroad Administration’s Draft Environmental Impact Survey identified a preferred route that mostly follows transmission lines in a utility corridor between North Texas and Houston.

Texas Central's plans call for a shuttle service that will directly link Texas A&M University to the station, as well as other nearby connections. From there, it’s about a 50 minute train ride to Dallas or a 30 minute ride to Houston.

Officials say the bullet train project will create jobs. There will be 10,000 new jobs during each year of construction and about 1,000 full time jobs when railway operation starts. 124 of those jobs will be in Grimes County, about 37 percent of the county’s unemployment base according to the government study.

The federal report says property values around the Brazos Valley station are expected to increase because of the new developments. The project also will provide new tax revenue, paid by railroad company on its facilities. Texas Central says all three stations- Houston, Dallas and the Brazos Valley- would be environmentally friendly, minimizing energy and water usage, and promote indoor air quality.