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Old Posted Aug 10, 2012, 1:17 AM
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Lakelander Lakelander is offline
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Join Date: Jan 2003
Location: Jacksonville, FL
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FEC has decided to move forward. Construction will start in a couple of months.

Quote:
Railway company to build passenger service from Miami to Orlando

By David Adams

Florida East Coast Industries said its "All Aboard Florida" project is financially viable without any need for federal and state grants or subsidies.

"After completing our due diligence we have decided to go through with it," said Husein Cumber, vice president of corporate development at Florida East Coast Railway, which operates the company's existing freight line.

Construction would begin in early 2013
full article: http://www.reuters.com/article/2012/...8771MS20120808
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