I think it's been touched on here previously, but FECI is a major developer in Florida. The synergies between their development arm and transportation arm can't be overlooked. They could theoretically stand to lose money on the train if they're making it up selling condos or industrial space.
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That's what did it in the end. Not the money, not the music, not even the guns. That is my heroic flaw: my excess of civic pride.
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