[14 / 0 / 7]
Greyhound is closing its Dallas terminal, leaving low-income travelers in limbo
https://www.youtube.com/watch?v=jyV41-tFPcQ GIMME A CHEEZEBURGER
The downtown terminal, a travel hub for more than 40 years, will shutter in October.
Twenty Lake Holdings, a subsidiary of investment firm Alden Global Capital, purchased 33 Greyhound stations across the US from UK-based First Group in late 2022 for $140 million. Since then, terminals in major hubs like Philadelphia and Cincinnati have shuttered while their properties have been put on the market.
Lease for the downtown Dallas terminal will not be renewed, new location has not yet been identified, Greyhound confirmed in an email Wednesday. The 26,000-square-foot property at 205 S. Lamar St. is worth $2.8 million, according to the Dallas Central Appraisal District. Greyhound did not respond to follow-up questions, and Twenty Lake Holdings did not respond to multiple requests for comment. Though intercity bus travel was essential to American life, declining ridership and federal deregulation led to nationwide bus cuts beginning early 1960s. Terminal closures prompt bus carriers to switch to curbside service, either while they search for a new terminal location or permanently. That poses problems for more than 60 million passengers who rely on intercity travel — often people with low-incomes and without a car — and the cities where they can be dropped without shelter. early as the 1960s. Terminal closures often prompt bus carriers to switch to curbside service, either while they search for a new terminal location or permanently. That poses problems for the more than 60 million passengers who rely on intercity travel — often people with low-incomes and without access to a car — and the cities where they can be dropped without shelter. “They’re stuck in unpleasant environments
https://www.dallasnews.com/news/transportation/2024/01/26/dallas-greyhound-terminal-closure-to-leave-low-income-travelers-in-limbo/
https://www.youtube.com/watch?v=jyV41-tFPcQ GIMME A CHEEZEBURGER
The downtown terminal, a travel hub for more than 40 years, will shutter in October.
Twenty Lake Holdings, a subsidiary of investment firm Alden Global Capital, purchased 33 Greyhound stations across the US from UK-based First Group in late 2022 for $140 million. Since then, terminals in major hubs like Philadelphia and Cincinnati have shuttered while their properties have been put on the market.
Lease for the downtown Dallas terminal will not be renewed, new location has not yet been identified, Greyhound confirmed in an email Wednesday. The 26,000-square-foot property at 205 S. Lamar St. is worth $2.8 million, according to the Dallas Central Appraisal District. Greyhound did not respond to follow-up questions, and Twenty Lake Holdings did not respond to multiple requests for comment. Though intercity bus travel was essential to American life, declining ridership and federal deregulation led to nationwide bus cuts beginning early 1960s. Terminal closures prompt bus carriers to switch to curbside service, either while they search for a new terminal location or permanently. That poses problems for more than 60 million passengers who rely on intercity travel — often people with low-incomes and without a car — and the cities where they can be dropped without shelter. early as the 1960s. Terminal closures often prompt bus carriers to switch to curbside service, either while they search for a new terminal location or permanently. That poses problems for the more than 60 million passengers who rely on intercity travel — often people with low-incomes and without access to a car — and the cities where they can be dropped without shelter. “They’re stuck in unpleasant environments
https://www.dallasnews.com/news/transportation/2024/01/26/dallas-greyhound-terminal-closure-to-leave-low-income-travelers-in-limbo/
