Miami Mayor Might Veto Plans for Tri-Rail’s Station in Downtown
by Sep Niakan | March 26, 2015
The Downtown Miami station planned for the Tri-Rail might never come to be.
The Tri-Rail is a commuter rail service under development, and they need to raise $69 million in order to fund the project. The Miami-Dade County Commission is up for voting on the negotiations for a financing package, but the Mayor of Miami, Tomás Regalado has outwardly said that he will veto any plans to give money to Tri-Rail for the project.
The Miami-Dade commission is scheduled to vote on a financing package for the South Florida Regional Transit Authority, which runs the Tri-Rail, on March 26.
The city manager will make a recommendation on how to distribute the funds, then it would be sent back for a vote on April 9.
The plan is for Tri-Rail to be built alongside All Aboard Florida’s (AAF) upcoming stations, which are going to begin construction in a few weeks. If AAF begins construction without Tri-Rail, then they could lose a big opportunity due to the potential rise in land prices.
AAF said that they would take care of the $69 million if they could count on the county and city to pay their part. However, the mayor could veto the plan and negate all negotiations.
All Aboard Florida plans on having their Miami to Orlando rail service open in downtown by the end of 2016.
by Sep Niakan | December 06, 2016
It’s my favorite time of year to be in Miami! The weather has cooled off a bit. The city’s abuzz with people from every corner of the world (thanks to Art Basel). The holiday spirit is gradually taking over, and there’s a bunch of...
by Sep Niakan | November 29, 2016
This is a story of how one Miami condo dweller (that's me, Sep Niakan) gave up his car at the end of his lease and gained freedom (and $$) in its place. If you have been thinking of getting rid of your car or know someone who is, read...
by Sep Niakan | November 24, 2016
Lending, specifically FHA lending, is inching forward in favor of Miami Condos. Before President Trump pulls out any game-changers, I thought it would be the right time to reflect on a Bill passed into law by President Obama this August. The...
by Sep Niakan | November 22, 2016
It’s been almost a year since BrickellHouse’s robotic parking garage blunder, and I’ve been thinking about what this means for the automated parking business in Miami condos. In brief, Boomerang Systems (the robotic garage...