Brightline, a private train company owned by New York-based Fortress Investment Group, has announced the location for its newest train station in the Miami area. The chosen site is a vacant parking lot at 500 Southeast Flagler Avenue in Stuart and will cost $30 million to construct.
The decision to partner with Brightline was made by the city of Stuart and Martin County due to the significant economic benefits that a train station brings. Through grants from state and federal sources, it is expected that both entities will recoup their costs.
Since its launch in 2018, Brightline has successfully operated train stations in downtown Miami, Fort Lauderdale, and West Palm Beach. Additionally, they have opened stations in Boca Raton, Northeast Miami-Dade near Aventura,and Orlando International Airport. With increasing ridership numbers since its inception,Brightline continues to expand its services.
This announcement marks another milestone for Brightline as it moves forward with plans for growth without mentioning any specific locations or brands such as Connect CRE or Connect LA or Connect Texas.