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As of September 2019, Brightline is in negotiations with the Florida Department of Transportation (FDOT) to lease right-of-way along the Interstate 4 corridor. [89] Brightline was the only bidder to submit a proposal to construct an intercity rail line along Interstate 4, which has been designated for federally funded high-speed rail. [89]
In 1983, the company sold the original Tampa and Gulf Coast Railroad right of way from Belleair to 34th Street South in St. Petersburg to the Florida Department of Transportation. [12] This segment is now part of the Pinellas Trail (which also continues north from Belleair along the former Orange Belt/Atlantic Coast Line route).
In property law, alienation is the voluntary act of an owner of some property to convey or transfer the property to another. [1] Alienability is the quality of being alienable, i.e., the capacity for a piece of property or a property right to be sold or otherwise transferred from one party to another.
Work on the Orlando route got started in June 2019, with station construction starting in January 2022. Leading up to the Orlando route debut, Brightline made history as the fastest train in the ...
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A major railroad may lease a connecting line from another company, usually the latter company's full system. A typical lease results in the former railroad (the lessee) paying the latter company (the lessor) a certain yearly rate, based on maintenance, profit, or overhead, in order to have full control of the lessor's lines, including operation.
Most of the right of way on Gasparilla Island was purchased by a local entrepreneur and converted into the popular Boca Grande Bike Path in 1985, which was the first rail trail in the state of Florida. The Cape Haze Pioneer Trail was later built on the right of way between western Port Charlotte and Placida in the mid-2000s.
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