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Rusty Roberts, Vice President – Corporate Development Florida East Coast Industries AASHTO: Standing Committee on Rail Transportation General Session:

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Presentation on theme: "Rusty Roberts, Vice President – Corporate Development Florida East Coast Industries AASHTO: Standing Committee on Rail Transportation General Session:"— Presentation transcript:

1 Rusty Roberts, Vice President – Corporate Development Florida East Coast Industries AASHTO: Standing Committee on Rail Transportation General Session: Innovative Finance for Passenger Rail Tuesday, September 24, 2013

2 TRANSFORMING FLORIDA 2 COMMERCIAL REAL ESTATE PASSENGER RAIL LOGISTICS SOLUTIONS ROW MANAGEMENT

3 time GUEST EXPERIENCE HOSPITALITY TRANSFORMATIVE ECONOMIC DEVELOPMENT West Palm Beach Fort Lauderdale Miami Orlando ENVIRONMENTALLY FRIENDLY MOBILITY CONNECTIVITY EFFORTLESS FUNCTIONAL Seamless FLEXIBILITY DESTINATION PIONEERING A NEW IDEA… 3

4 ROOTED IN HISTORY 4 4

5 1890’s INFRASTRUCTURE BACKBONE CATALYZES DEVELOPMENT OF FLORIDA Key West West Palm Beach Jacksonville Miami 5

6 FAST FORWARD EXPRESS INTERCITY PASSENGER RAIL TODAY TO Miami West Palm Beach Orlando Fort Lauderdale 6

7 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 7

8 MORE THAN 50M CURRENT TRAVELERS EXPERIENCE CHALLENGING OPTIONS Travel by car is unpredictable Travel by plane is uncontrollable 8

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10 19M + 39M AIR PASSENGERS MIAMI 55M VISITORS ORLANDO POPULATION Miami West Palm Beach Orlando Fort Lauderdale 10

11 DIVERSE MARKET 11

12 TRAVEL, LEISURE & ENTERTAINMENT Center city locations Custom designed coaches & services Intermodal connectivity 12 A product designed specifically for a targeted market combining

13 SUCCESS FACTORS EXISTING TRANSPORTATION CORRIDOR HOUR TRAVEL TIME 3 ADVANCED, CONVENTIONAL TECHNOLOGY 13

14 STRATEGIC STATION LOCATIONS 14

15 15 MIAMI – TRANSFORMING DOWNTOWN

16 16 MIAMI

17 17 FORT LAUDERDALE- REVITALIZING NORTH OF BROWARD BOULEVARD

18 18 11 WEST PALM BEACH – CONNECTING TWO MAJOR DOWNTOWN DESTINATIONS

19 19 11 CENTRAL FLORIDA AND BREVARD

20 20 ORLANDO – MULTIMODAL HUB

21 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 21

22 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 22 COMPLETED & ONGOING ACTIVITIES

23 23 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

24 WHAT MAKES US DIFFERENT TRAVEL UNINTERRUPTED Every moment of your time is valuable. You’re free to use it as you want. TRAVEL UNBURDENED Carry less and worry less. We take the stress out of travel. TRAVEL UNBUCKLED Stretch out and move around with a new level of onboard freedom. TRAVEL UNCOMPLICATED A door-to-door trip that’s so easy you’ll never miss your car. 24

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