After a successful $405 million bond sale, All Aboard Florida plans to begin construction immediately on the Miami-West Palm Beach leg of the line.
Construction costs for the first phase of the Miami station is estimated at around $150 million, not including the 4 tower complex (rendering displayed above) to be built adjacent to the station. The Fort Lauderdale and West Palm Beach stations will each cost around $30 million. An addition $95 million will be spent on tracks and bridges and $105 million will go to upgrade crossings and signals. Total costs for the Miami-West Palm Beach line will reach $795 million, excluding an additional $44 million to connect the line to the commuter train, Tri-Rail, which could be financed by a government grant.
A ticket from Miami to West Palm Beach will cost $30 in coach and $36.60 in business class.
The West Palm Beach to Orlando line is expected to reach $1.4 billion in costs and will be financed separately from the bond.
The company also released a video that demonstrates what a typical gate crossing will look like: