Details emerge from the bond prospectus issued by All Aboard Florida. These details, which the company fought to keep private, include information on the cost of the three stations in West Palm Beach, Ft. Lauderdale and Miami. That leg will be the first completed, with the West Palm Beach - Orlando portion to come on later. From the article, click title for link.
The City of West Palm Beach is expecting to see designs for All Aboard Florida’s station in mid-July, and is still negotiating such features as pedestrian bridges over Datura and Evernia streets, which will be closed when the station is built.
At $29 million, the West Palm Beach station is the least expensive of the three. All Aboard Florida expects to spend $30 million on its Fort Lauderdale station and $150 million in Miami.
As comparisons, the 152-unit Residence Inn in downtown West Palm Beach is costing about $30 million to build. The Palm Beach County Convention Center Hotel’s construction costs are estimated at $110 million.
“This is taking our city to the next level,” said Lisa McKeon, a broker associate with Lang Realty’s downtown office. “If you want to be a big city, you have to go along with the times.”
![Dr. W. H. Cotton’s ode: “Oh, My Lake Worth, Florida!” [circa 1920].](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUL75cv6zJQFjX15ojOIIz9AjnbqH4asHJTYSDhnGnYr7rJZRha1NcNTirj2xPcId158vkz5Hw-wXgOfrlztj8Zr8jLFFCfuEN6PyV44ZlpMRmJ68xbtFL9vzxNiG7xDs_HJvm/s1600/LakeWorthPioneers.JPG)
