If the operational time is the most critical issue, it seems natural to start the with a normal constructional description with answering the central questions:
- Minimal/best closing time
- Maximum acceptable closing time
- All necessary flow data (pressures, max, min and normal flow, fluid data, pressures etc)
With lower diameter than original it seems you already are on this track, as you either have increased flow speed or reduced flow amount.
The central question is if you also already have considered cost/usabillity of other types of valves, piggable or non-piggable, with 90 degree closing.
In this size you will have several constructions to considered with several types of fast-closing actuators. The fastest, but also highest priced, would be weight loaded for closing, hydralic for opening, types used par example as turbine inlet valves for hydro-electric plants. Theese could also be used with oil-hydraulic or electrical actuators. For other fluids you will find a multitude og higher priced eccentric, 90 deg constructions, both BFL, ball and plug valves, all at standard or shorter building lengths as the one proposed by you.