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Rail Line Connecting Miami & Orlando One Step Closer

MIAMI (CBSMiami/AP) — An intercity passenger rail between Miami and Orlando may be one step closer to becoming reality.

The board that governs the Orlando International Airport has reached a deal with a private company.

The Greater Orlando Aviation Authority reached an agreement with All Aboard Florida to put a station at the airport.

The agreement also gives the private company funding the rail line an easement to lay down track on airport property.

The $1.5 billion project is being privately financed and could bring passenger rail between Orlando and Miami in 2015.

The rail plans to have stops in the downtown areas of Miami, Fort Lauderdale and West Palm Beach.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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