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 | September 27, 2016
Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...
by Sep Niakan | September 26, 2016
Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...
by Sep Niakan | September 23, 2016
The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...