All Aboard Florida Working On A Fifth Downtown Miami Tower And A Fort Lauderdale Rental Tower
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All Aboard Florida is in talks to expand their real estate and rail project:
The company is in negotiations with the city of Miami for a land swap deal that could allow for a fifth tower to be built as part of the MiamiCentral project. AAF wants to exchange a piece of land that they own near the Miami Arena site, for a parcel next to Government Center
Negotiations with the city are ongoing over air rights needed for the train guideways that will run above city streets into the terminal. A vote on the matter is likely later this month.
Dade commissioners approved a payment to AAF to place a Tri-Rail station in the MiamiCentral project on a first reading. Talks are ongoing over payments for Tri-Rail from the CRA and the city.
All Aboard Florida unveiled plans for a 20-story tower next to the Fort Lauderdale station. In addition, the company wants local officials to consider a deal that could redevelop and add new towers to property currently occupied by a bus depot, state office towers, and city hall.
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