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 theRockwell 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 toOrlando International Airport.
All Aboard Florida is a wholly owned subsidiary ofFlorida 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.
USA TODAY Nancy Trejos, USA TODAY8:19 a.m. EST November 9, 2015
Author:Gustavo Blachman Phone: 786-229-8009 Dated: January 4th 2016 Views: 279 About Gustavo: PROFESSIONAL QUALIFICATIONS
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