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:

Thomas Ryan named Greystone Development's new CEO
Thomas Ryan has been promoted by Greystone Development to serve as its CEO starting Januar  »
David Schmidt named COO at Skanska USA
Skanska appointed David Schmidt as the new Chief Operating Officer for Skanska USA Commerc  »
Michael Lee named CBRE VP in Long Island City
CBRE has promoted Michael Lee Vice President at the firm’s Long Island City office. Lee  »
Murphy returns to Coastal Construction in Palm Beach as VP
Patrick Erin Murphy has rejoined Coastal Construction Group as Vice President. As Vice Pre  »
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   »