The Real Deal Miami

Port Everglades to open rail system in July

Public-private partnership close to completing $73M project
January 27, 2014 10:30AM

Port Everglades

Port Everglades

The $73 million Port Everglades rail project is getting close to completion.

A public-private partnership between the seaport, state and developer Florida East Coast Railway, the project is expected to open in July, the Sun-Sentinel reported. Instead of having containers transported in trucks to an Andrews Avenue railway depot, goods would be moved by train. The project should ease congestion in Broward County and make it cheaper to transfer cargo from ships to southeastern cities.

Construction began in January 2013. Port Everglades provided nearly 43 acres of land valued at about $20 million, while the state awarded $18 million in grants. Florida East Coast is spending $35 million, including the repayment of a $30 million state loan. [Sun-Sentinel]Eric Kalis