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Overview  

Photo of a couple walking on the beachWho will benefit from High Speed Rail?

Everyone will. You, your neighbors and your state. High speed rail provides social, economic and environmental benefits. Among those benefits are reduced travel time, increased use of existing facilities and decreased air pollution.

The economic benefits of high speed rail to Florida have been documented in several studies. For the first planned segment of the system (Tampa to Orlando), the economic benefits have been estimated at 6,5001 - 7,0002 new jobs, $8.5 billion2 in total sales among Florida firms and $950 million1 in increased property values. If expanded to a statewide system serving the five major urban areas of Florida, the economic benefits of high speed rail would result in a substantial number of additional new jobs, significantly increased earnings for Florida workers and additional increases in the output, sales and property values for the state economy.

1) Florida High Speed Rail Authority Report to the Legislature, 2002
2) Coast – to – Coast Feasibility Study, Economic Impact and Transportation Benefits Analysis, 2001
To read the complete reports, please go to click here.

In 2002, the Florida Legislature approved legislative findings concluding that high speed rail service in Florida would result in significant benefits. The Legislature also found that public use of high speed rail systems should be encouraged and assured.

High speed rail can provide Florida residents and visitors a fast, safe and dependable alternative for city-to-city travel.


 

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© 2002-2006 Florida High Speed Rail Authority
Florida High Speed Rail Authority • 605 Suwannee Street, MS 67 • Tallahassee, Florida 32399-0450
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