South Florida’s Brightline train system is being heralded in the Wall Street Journal as an innovative funding model for intercity transportation projects. The Brightline railroad project is privately funded, built and operated, which eliminates the need to collect Florida taxpayer dollars. According to the article, “the only government involvement is that the project has permission to sell tax-exempt bonds to fund part of the project through a state agency.”
Government planners and officials from other states are watching the project closely as an example to glean from for future transportation funding models. But not all are sold on the intended success of the project. “The project has faced legal challenges, and some activists, claim the train will disrupt south Florida’s quality of life.”
Once completed, the Brightline will offer services between Miami and Orlando. Phase One of the project, which offers rail service between Miami, Fort Lauderdale and West Palm Beach, is set to launch later this summer. Phase Two services which will include travel to Orlando is said to begin in 2019. Ticket prices have not yet been set.
Read the full Wall Street Journal Article here.
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