Brightline’s Miami To Orlando rail project just passed another construction milestone, the company told investors last week.
According to the investor brief, construction crews have now completed 75% of the work on the route.
The $2.8B project remains on schedule for substantial completion in late 2022, and is also within budget.
During the month of March there were approximately 1,149 construction workers actively engaged in the buildout of the new route.
The first paying customers are expected to be able to board trains between Miami and Orlando in early 2023.
Brightline also told investors this week that ridership on its existing inter-city rail line is growing extremely fast.
In March 2022 alone, ticket revenue grew 41% compared to February 2022, with ridership up 38%. Revenue and ridership are also 23% and 17% higher than March 2019.