Rail

All Aboard Florida secures rail deals

Posted on October 9, 2013

All Aboard Florida, the passenger rail project being developed by Florida East Coast Industries Inc. (FECI), is moving forward with two significant agreements.

The Orlando-Orange County Expressway Authority (OOCEA) board unanimously approved an easement purchase agreement with All Aboard Florida. This agreement allows All Aboard Florida to construct its rail infrastructure immediately parallel to the State Road 528 corridor. Coupled with the lease agreement approved by the Florida Department of Transportation in June 2013, All Aboard Florida has now secured the critical right of way needed for the project.

In a separate transaction on October 2, the Greater Orlando Aviation Authority's (GOAA) board approved several agreements that will allow All Aboard Florida to develop its Central Florida station at the Orlando International Airport’s future intermodal station. The GOAA agreements will provide a rail easement between State Road 528 and the future Intermodal Station; a premises lease for the future Intermodal Station; and a land lease to construct All Aboard Florida’s vehicle maintenance facility.

“All Aboard Florida achieved two major milestones this week by securing the right of way agreement that will utilize the expanded State Road 528 transportation corridor and finalizing the location for the Central Florida terminal station,” said P. Michael Reininger, president/chief development officer of All Aboard Florida. “We will now focus on designing and engineering the project so we can begin construction by the end of this year.The progress we have made in 18 months is the result of a great partnership between All Aboard Florida and the public sector.”


View comments or post a comment on this story. (0 Comments)

More News

MTA names new president of Metro-North Railroad

Catherine Rinaldi, the sixth president of MTA Metro-North Railroad, has served as acting president since July 2017.

Bombardier to provide 9 more double-deck French trains

The order is valued at approximately $120 million, including price escalations based on best faith assessment of assumptions, and is an option contained in a 2010 contract for a maximum of 860 trains signed with SNCF on behalf of the regions.

FRA makes $73M available for rail capital projects, ops assistance

The grants are expected to leverage private, state, and local investments to boost a wide range of rail projects, including the potential for implementing PTC.

Stantec to lead $1.9 billion rail modernization project

The project will add a 9.8-mile third track and add critical capacity on Long Island Rail Road’s busiest corridor.

MTA workers spill 'secrets' of the NYC subway system

Train conductors answer questions about the safest place to sit in the railcar and whether a "sick person" is a euphemism for something else.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Luxury Coach & Transportation

Please sign in or register to .    Close