Miami-Dade County has completed the Project Development phase of the New Starts program for its Northeast Corridor commuter rail service between downtown Miami and Aventura, Brightline told investors yesterday.
The Project Development phase was completed in April, the investor report said.
The County submitted its request to the Federal Transit Administration for entry into the Engineering phase. Completion of the Engineering phase is expected to result in a federal grant agreement that in combination with the County and previously obtained State funding commitments will provide the final component of required funding for the project, Brightline said.
Brightline is expecting to receive $50 million in upfront payment and annual access payments Starting at $12 million for 30 years.
The project will include up to five new stations between the Miami Central and Aventura stations.
Implementation of the new commuter service will require additional track and rail infrastructure, as well as the construction of new commuter-only stations not served by Brightline. The commuter service may be separately branded and operated.
Brightline has prepared conceptual designs for stations and shared them with the County, identified station locations, and selected rolling stock provider options for the County compatible with their existing system.
Broward and Palm Beach are also considering an extension of the commuter rail system along the same tracks to as far north as Jupiter.
Miami-Dade previously approved $76M in funding for Brightline’s Aventura station: