Rail Station Funding Finished, Construction Will Begin Immediately
by Sep Niakan | August 18, 2014
All Aboard Florida has completed a $405 million bond sale, and will finally begin construction on the Miami-West Palm Beach line.
The first phase of the Miami station will cost about $150 million in construction costs. The Fort Lauderdale and West Palm Beach stations will be about $30 million for each, additional tracks and bridges will cost $95 million, and upgrades to crossings and signals will be about $105 million.
In total, the Miami-West Palm Beach line will cost around $800 million, plus an extra $44 million, which might be acquired by government grant, to connect the line to a commuter rail.
Prices for tickets have been determined at $30 for coach and $36.60 for business class.
The West Palm Beach to Orlando line is estimated at $1.4 billion, which will be financed by other means.
by Sep Niakan | January 17, 2018
Taking a cue from the New Year and new beginnings, we saw the condo pre-construction market make three ground breakings this December. After months of silence, there was finally some hustle from developers at Resorts World Miami. Ritz-Carlton...
by Sep Niakan | January 05, 2018
Welcome to the other side of the New Year! The side that’s made up of fresh energy, brand new ideas and a whole 365 days of infinite possibilities. A lot of people consider January to be the month when the festive season and all its...
by Sep Niakan | December 31, 2017
The Holiday season may be over, but the festivities don’t have to stop if you’re in Miami. Take a pick of your favorite music, art, fitness or film festival below and let the merriment continue into January 2018. Miami Cruise...