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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "All Aboard Florida is a passenger rail project that will connect Miami and Orlando through express intercity service while also building new passenger stations. A wholly owned subsidiary of Florida East Coast Industries (FECI), the project will include stations located in downtown Fort Lauderdale and West Palm Beach. It will be the first time a privately owned company in the US has developed and operated an express passenger rail system in over 100 years. The service will use the existing FEC corridor between Miami and Cocoa, while also building a new 40-mile (64 km) stretch of tracks along the State Road 528 corridor between Cocoa and the Orlando International Airport. All Aboard Florida will serve the historic FEC rail corridor along the east coast of Florida, where approximately 50% of the state’s population—over 9 million people—currently lives.The cost of all construction is projected at $1.5 billion. In March 2013, All Aboard Florida applied for a $1.6 billion Railroad Rehabilitation and Improvement Financing (RRIF) loan, which is administered by the Federal Railroad Administration. In late 2014, the company announced it had applied for a $1.75 billion private activity bond allocation, with proceeds from the bond sale substantially reducing or replacing entirely the amount of the RRIF loan request.The company received a Finding of No Significant Impact from the Federal Railroad Administration in January 2013, effectively clearing way for work to begin between Miami and West Palm Beach. The Draft Environmental Impact Statement for the full build-out service was released in September 2014, and a series of public comment meetings followed. The final report is scheduled to be released sometime in 2015. As of the start of 2015, the company has started site work at the Miami, Fort Lauderdale and West Palm Beach stations, plus right of way improvements along stretches of the corridor.Service is projected to begin between Miami and West Palm Beach in early 2017, followed by service to Orlando in late 2017. On November 10, 2015, All Aboard Florida announced that the service will operate under the name Brightline."@en }

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