Jan 4 2016 17502 1

Jan 4 2016 17502 1

New Florida train service to whisk passengers between Miami and Orlando


According to Nancy Trejos with the USA TODAY: A privately owned and operated passenger rail service is on track to begin connecting travelers in four major Florida cities by mid-2017.     Announcing a new express inter-city train travel service, which will cost more than $3 billion to build, will be called the Brightline.  

The trains, designed by the Rockwell Group, are being built in Sacramento by Siemens. Construction has begun on stations in Miami, Fort Lauderdale and West Palm Beach and on connecting urban centers that developers hope will become dining and shopping destinations. Another station will be next to Orlando International Airport.

All Aboard Florida is a wholly owned subsidiary of Florida East Coast Industries, which is involved in a range of infrastructure, transportation and real estate businesses. The project is being funded by private investors through the issuance of $1.75 billion in tax-exempt bonds and directly from the parent company. The company expects to become profitable in the first couple of years as its adds more trains and ridership increases.

This offers an easier way to travel and save money on parking. 

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USA TODAY , USA TODAY8:19 a.m. EST November 9, 2015


Gustavo Blachman Headshot
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Phone: 786-229-8009
Dated: January 4th 2016
Views: 260
About Gustavo: PROFESSIONAL QUALIFICATIONS • Florida Licensed Real Estate Broker – Owner of Terrabella Realt...

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