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<p>[quote user="oltmannd"]</p> <p>[quote user="CMStPnP"]</p> <p>Interesting article with some decent renderings of the new Miami Station and associated Real Estate Development plans.</p> <p><a href="http://www.citylab.com/commute/2014/06/the-triumphant-return-of-private-us-passenger-rail/372808/">http://www.citylab.com/commute/2014/06/the-triumphant-return-of-private-us-passenger-rail/372808/</a></p> <div style="clear:both;">[/quote] Thanks.  It was interesting and confirms what's been whispered - this is generally a real estate play. The numbers just fail if it's "just trains". [/quote]</div> <div style="clear:both;"></div> <div style="clear:both;">Most of America's major cities are located along its coasts or rivers.  For a good reason!  At the time the beginnings of America's cities were founded water transport was the most efficient and effective mode of transport.</div> <div style="clear:both;"></div> <div style="clear:both;"></div> <div style="clear:both;">People migrated to North America, much as humans have been spreading over the globe since the beginning of time, for a variety of reasons. As they settled along the coasts and eventually the major rivers, they needed transport to get from one port to another. Or up river in many instances. People need to move goods and themselves. </div> <div style="clear:both;"></div> <div style="clear:both;">Ports were improved.  Better ships and river boats came along.  Real estate development followed.  Call it a real estate deal if you like, which it was, at least in part, but without people and transport, real estate would be meaningless. And vice versa.</div> <div style="clear:both;"></div> <div style="clear:both;">Of course the All Aboard Florida project is about transport and real estate and people needing to go from one point to another. At the end of the day, as long as the residents of Miami have a better transport system or at least options, who cares how it comes about?</div> <div style="clear:both;"></div> <div style="clear:both;">That its being funded privately, with the help of low interest, government subsidized RRIF loans, appeals to me.</div>
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