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$1.75B Brightline Bonds Approved, Paving Way For Orlando Leg

$1.75B Brightline Bonds Approved, Paving Way For Orlando Leg

Brightline has been given the go-ahead to sell up to $1.75 bonds from a Florida board.

$1.15b in funds will allow for a West Palm Beach to Orlando leg to start construction, with the remaining $600m to refinance the Miami-West Palm Beach leg.

Last year’s $600M Brightline bond sale was oversubscribed, receiving $2.26B in orders. That bodes well for future debt sales.

Brightline is also now considering station location on the Treasure Coast and Space Coast. Cities have been requested to respond with proposals within 60 days, according to TCPalm.

The four cities on the Treasure Coast that are being considered are Stuart, Fort Pierce, Sebastian and Vero Beach. It isn’t known which Space Coast cities are being considered.

Construction to Orlando is expected to begin within months.

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Anonymous
Anonymous

Quit messing around and bring us the Coastal Link.

Anonymous
Anonymous

Great news!

Anonymous
Anonymous

The ridership is near zero. Who is buying into this pump and dump?

Anonymous
Anonymous

It’s a scam, what else is new. Everyone knows it’s a scam. What are you gonna do. If you don’t like being fleeced by billionaire developers, then move out of Miami-Dade.

Anonymous
Anonymous

This is great news for Brightline, but oh-the-irony! if Treasure Coast turns around and says they want a station.

Anonymous
Anonymous

If you can’t beat ’em, join ’em.

Anonymous
Anonymous

Yes, EVERYONE on the Treasure Coast now wants a BRIGHTLINE station.

Anonymous
Anonymous

Yup, we’ll just ignore the fact it would have happened sooner if they didn’t waste everyone’s time with their posturing.

Anonymous
Anonymous

Right???

Anonymous
Anonymous

Best news this year.

Anonymous
Anonymous

Positive news!

Anonymous
Anonymous

Orlando to Tampa after Orlando Route is done and also consideration of Jacksonville, Fort Meyers-Naples. Miami Beach-Brickwell, Wynwood metro mover connection also

Anonymous
Anonymous

Getting a good hand=up with tax free help!! Good for them! With their luxury fares, perhaps they’ll break even some day.

Anonymous
Anonymous

On a related note…BRT has been chosen for South Dade https://www.miamiherald.com/news/local/community/miami-dade/article217571945.html

Anonymous
Anonymous

This is simply putting lipstick on a bus. It’s still a bus.

Anonymous
Anonymous

Vero Beach has an existing transit hub with 7 GoLine bus lines next to the FEC tracks. Seems like a good candidate.

Anonymous
Anonymous

If they do decide to put a stop in the Treasure Coast area; Fort Pierce is the most logical choice. Fort Pierce is centrally located and is right next to Port St. Lucie.

Anonymous
Anonymous

Cocoa Beach @ 520 or at 528 for easy access to Port Canaveral or KSC.

Anonymous
Anonymous

James Bond.

Area Realtor
Area Realtor

What wonderful news! The link to Orlando will happen soon, and Florida will be connected. There will be a boom around the train stations. As an experienced expert as your local realtor – buy around those stations as soon as you can. Sign those purchase agreements while you still can. Prices are going up, and rising construction costs will make them rise further. Sign those purchase agreements while you still can! If you rather get away from the expected congestion, now is a good time to sell as people will pay good dollar and interest rates are still low. Don’t waste time signing those listing agreements and take that money and go get more for your dollar in the west coast area, or the treasure coast. Trust your local area realtor to advise as per your future individual preferences. I am so happy for Miami. MIA will be connected to Orlando’s airport and tourist visiting can enjoy the best of both worlds – theme parks, and Miami beaches and culture.

Anonymous
Anonymous

******fart******

Anonymous
Anonymous

Area Realtor, you sound like the used car salesman that tried to sell my 20 year old daughter a car ysterday