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 | April 18, 2017
The temperatures are picking up and it’s time to lather on the sun tan and cool off with some awesome events around town. Here’s our pick of the hippest festivals in Miami to make for a magnificent May: SunFest Music and Arts Festival...
by Sep Niakan | April 17, 2017
Think Miami Beach and most people conjure up images of Spring Break, bikini-clad college students and a wild party worthy of '90s-era MTV. However, truth is that Miami’s beaches have a lot more to offer than those hyped up versions of...
by Sep Niakan | April 14, 2017
March has been a pretty busy month for Miami’s condo pre-construction market. From two sales gallery launches to four buildings topping-off, there’s been plenty of activity to keep the market abuzz. The biggest news, however, came in the...