Florida Development Finance Corp. approves $950M in bonds for Virgin Trains USA’s Orlando-to-Miami route

By Ryan Lynch, Staff Writer, Orlando Business Journal; April 5, 2019

Virgin Trains USA just received a big boost for its $2.3 billion Orlando-to-Miami route.

The Florida Development Finance Corp. voted unanimously 3-0 to approve $950 million in new bonds during its board meeting April 5 at the Hyatt Regency Orlando International Airport. The move comes as Virgin Trains, formerly known as Brightline, had announced on April 4 that it had the funding to begin construction on its Orlando-to-Miami route and will begin construction in April.

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