Suffolk Construction has been selected as the construction manager for All Aboard Florida’s planned terminal in downtown Miami.
The clock is already ticking for AAF, which is paying 12% interest on a $405 million bond offering. A mortgage on the nine-acre property Miami property tied to the bond issue was recently recorded (see below).
AAF also recently completed the process of re-platting of the site, and signed a $2 million deal with the county to bring utilities to the site.
County commissioners approved plans for the station last week, with final details up for administrative approval before a planned September groundbreaking.