No Little Plans for Private Passenger Rail Service Between Miami and Orlando
Henry Grabar details the ambitions of All Aboard Florida: "Beginning in 2016, All Aboard Florida will run 32 departures a day between Miami, Fort Lauderdale, and West Palm Beach, with service extending to Orlando soon afterwards. With a maximum speed of 125 miles per hour, the trains will complete the 240-mile journey in less than three hours. In South Florida, around the three initial stations, the company will develop 4.2 million square feet of real estate. In Orlando, the terminus will be located at the airport and connect to a new commuter rail line at a sparkling, state-funded $215 million transportation hub."
The article goes on to detail the historical context of this once-extinct business model and the land use and economic development implications of the project (hint: value capture is a big deal).