rusty roberts, vice president – corporate development florida east coast industries aashto:...

Rusty Roberts, Vice President – Corporate DevelopmentFlorida East Coast Industries

AASHTO: Standing Committee on Rail TransportationGeneral Session: Innovative Finance for Passenger Rail

Tuesday, September 24, 2013

TRANSFORMING FLORIDA

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COMMERCIAL REAL ESTATE PASSENGER RAILLOGISTICS SOLUTIONS ROW MANAGEMENT

time

GUEST EXPERIENCE

HOSPITALITY

TRANSFORMATIVE

ECONOMIC DEVELOPMENT

West Palm BeachFort Lauderdale

Miami

Orlando

ENVIRONMENTALLY FRIENDLY

MOBILITYCONNECTIVITY

EFFORTLESS

FUNCTIONAL

Seamless

FLEXIBILITY

DESTINATION

PIONEERING

A NEW IDEA…

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ROOTED IN HISTORY

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1890’s INFRASTRUCTURE BACKBONE CATALYZES DEVELOPMENT OF FLORIDA

Key West

West Palm Beach

Jacksonville

Miami

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FASTFORWARD

EXPRESS INTERCITY

PASSENGER RAIL

TODAYTO

Miami

West Palm Beach

Orlando

Fort Lauderdale

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IMAGINE A FASTER, RELIABLE & MORE CONVENIENT WAY TO TRAVEL• 3 hour trip between

downtown Miami and Orlando

• Hourly scheduled service starting in the morning with late departures

• Consistent and competitive service

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MORE THAN 50M CURRENT TRAVELERS EXPERIENCE CHALLENGING OPTIONS

Travel by car is unpredictable

Travel by planeis uncontrollable

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19M+39M

AIR PASSENGERSMIAMI 55MVISITORSORLANDO

POPULATION

Miami

West Palm Beach

Orlando

Fort Lauderdale

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DIVERSE MARKET

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TRAVEL, LEISURE &ENTERTAINMENT

• Center city locations• Custom designed

coaches & services• Intermodal

connectivity12

A product designed specifically for a targeted market combining

SUCCESS FACTORS

EXISTINGTRANSPORTATIONCORRIDOR

HOUR TRAVEL TIME

3ADVANCED, CONVENTIONAL TECHNOLOGY

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STRATEGIC STATION LOCATIONS

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MIAMI – TRANSFORMING DOWNTOWN

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MIAMI

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FORT LAUDERDALE- REVITALIZING NORTH OF BROWARD BOULEVARD

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WEST PALM BEACH – CONNECTING TWO MAJOR DOWNTOWN DESTINATIONS

1911

CENTRAL FLORIDA AND BREVARD

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ORLANDO – MULTIMODAL HUB

Revitalize the economy

Remove up to three million cars

Ignite the entrepreneurial spirit

ALL ABOARD FLORIDA WILL…

and create thousands of jobs

from Florida’s roads annually and offer a convenient transportation alternative

through a privately funded, operated and maintained business model

Create tens of thousands of jobs

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Finalized investment grade ridership study, engineering and environmental reviews

Completed Environmental Assessment for Miami to West Palm Beach segment and received Finding of No Significant Impact Statement in January 2013

Hired key management

Announced West Palm Beach station location

More than 350 meetings and presentations with elected officials, business organizations, civic groups and municipal/county staff

Finalized negotiations with FDOT and OOCEA for access to SR 528 right of way

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COMPLETED & ONGOING ACTIVITIES

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NEXT STEPS Environmental Impact Statement Process currently underway for

West Palm Beach-to-Orlando segment• Five public meetings/open houses held at various locations

throughout corridor in May • More than 550 attendees

Finalize agreement with the Greater Orlando Aviation Authority

Select rolling stock provider and engage third party operating partner

Coordinate with municipalities/counties on planned infrastructure improvements

Begin rail infrastructure and station construction

WHAT MAKES US DIFFERENT

TRAVELUNINTERRUPTEDEvery moment of your time is valuable.You’re free to use it as you want.

TRAVELUNBURDENEDCarry less and worry less. We take thestress out of travel.

TRAVELUNBUCKLEDStretch out and move around with a new level of onboard freedom.

TRAVELUNCOMPLICATEDA door-to-door trip that’s so easy you’ll never miss your car.

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25www.allaboardflorida.com