Elon Musk’s The Boring Company (TBC) chose Dallas to build a one-mile Loop tunnel under the University Hills area of Dallas.
Dallas will now face a fully funded diligence phase that includes meetings with elected officials, regulators, community and business leaders, geotechnical borings, and a complete investigation of subsurface utilities and infrastructure.
TBC confirmed that all costs associated with this diligence process are 100% funded by the company.
The company recently began drilling on the Music City Loop near the Tennessee State Capitol in Nashville, and in February it broke ground on a Loop in Dubai.
On its website, TBC says The Boring Company creates safe, fast-to-dig, and low-cost transportation, utility, and freight tunnels. The mission is to solve traffic, enable rapid point-to-point transportation and transform cities. Loop is an all-electric, zero-emissions underground public transportation system that transports passengers directly to their final destination with no stops along the way.
The post Dallas Chosen by The Boring Company for 1-Mile Tunnel appeared first on Connect CRE.
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