Published at: 2015-08-19 09:57 | Author: David Karch
SunRail recently received positive news when the federal government stated it would release $40m of its $93m commitment by the end of the summer for phase two of the SunRail line.
The second phase, a $186m investment, will extend the line 17.2 miles from the southernmost station at Sand Lake Road in Orange County to Poinciana in Osceola County. Four additional stations: Meadow Woods, Tupperware, Kissimmee Amtrak and Poinciana will be built, presenting developers with plenty of transportation oriented development opportunities (TOD).

The federal government will kick in 50 percent of the total project costs, with the state funding 25 percent, and local funds covering the...

Similar Stories:

Tim Hall named executive vice president at JLL
Tim Hall has joined JLL’s national corporate finance net lease team as executive vice pr  »
James Kinsey to lead Tri-State investment sales at Avison Young
James Kinsey was named principal and director of Tri-State investment sales at Avison Youn  »
DBAM and MRP Realty buy air rights from St. Patrick's in NYC
MRP Realty and Deutsche Bank Asset Management have signed a deal with St. Patrick’s Cath  »
Douglaston Development names Resnick as its new COO
Douglaston Development has hired Jed Resnick to be the firm's Chief Operating Officer  »
These days, the big-name chain retailers such as Wal-Mart or Lowes seem to be opening new   »
the impact is enormous. According to an America’s Market Intelligence report, 1.3 millio   »
“Hot right now are NNN assets and retail-focused locations that allow healthcare provide   »