Brightline high speed rail Orlando-Miami connection & RE investing?

Question

Hi all,I've been following the news closely about the launch of Brightline high speed rail service between Orlando and Miami and personally can't wait to cut out that grueling drive to Miami on I 95. I see on the website tix are now for sale starting in September. Curious about what others might think from the RE perspective? With stations opening first near the airport, then the next one near Universal's new theme park Epic Universe, and then one someplace near Disney, what opportunities do you see that haven't already been snatched up by the big players?I recently saw an Orlando Sentinel article forecasting Miami/Orlando as "one metro" and that might be a stretch, but it would be great to see more Miami, Broward and PB residents buying a second home in Orlando now that they can easily get back and forth. And vice versa.What do you see happening?

Alice Horn · Answer

This might be cheating, but just to get the juices flowing here is some (AI powered) research I did...encouraged to see it does mention STRs. It should be interesting to take a look at Miami or Palm Beach to see how these areas have developed around the stations over the years."As a real estate investor, the launch of the Brightline high-speed train station in Orlando presents exciting opportunities for strategic investments. Here are some potential real estate investments that may follow the introduction of the Brightline station:1. Hospitality and Hotels: The increased accessibility provided by the high-speed train could boost tourism and business travel to Orlando. Investing in hotels or short-term rental properties near the station can be an attractive option to cater to this growing demand. 2. Transit-Oriented Developments (TODs): Transit-oriented developments are mixed-use properties located within close proximity to transportation hubs. Investing in TODs near the Brightline station can be lucrative, as it would attract commuters, tourists, and residents seeking convenient access to the train service.3. Residential Properties: With improved connectivity and reduced commuting times, there may be a surge in demand for residential properties near the Brightline station. This could include apartments, condominiums, or townhouses suitable for both renters and homebuyers.4. Commercial and Office Spaces: The Brightline station's presence may attract businesses seeking convenient transportation options for their employees and clients. Investing in commercial or office spaces near the station can position you to capitalize on this potential influx of businesses.5. Retail and Entertainment Centers: The train station can serve as a hub for shopping, dining, and entertainment. Investing in retail spaces or entertainment centers in close proximity to the Brightline station could attract both locals and visitors looking for a vibrant and convenient destination.6. Industrial and Warehousing Facilities: Improved transportation connectivity can benefit logistics and distribution businesses. Investing in industrial or warehousing facilities near the station can provide opportunities for companies looking to leverage the high-speed train's efficiency for their operations.7. Mixed-Use Developments: Creating mixed-use developments that combine residential, commercial, and entertainment spaces can be a comprehensive approach to leverage the potential of the Brightline station. Such developments can offer a diverse range of real estate opportunities and cater to the needs of various demographics."

Sebastian Giraldo · Answer

I think this will be a great impact and bring common prosperity to all areas combined and likely will bring more wealth to areas not as developed. Throughout time the most vital infrastructure has been roads for more flow from one area to another. Just like any living being such as a tree or animal roots or arteries allow the being to prosper and blossom into fruitful prosperity in contrast a blood clot or cutting the roots can hinder its growth. With the previous in mind I believe this will pave the way for the next phase of growth for Miami, Orlando and Tampa allowing for a larger workforce and less dependence on slow moving flows in cars.

Alice Horn · Answer

Very true. It makes more sense for one or two people traveling at a time. Still excited to see what happens…

Scott Wolf · Answer

I don't see it being a game-changer. As a Boca Raton resident with 2 young kids, a trip to Orlando via Brightline would cost me $480, as opposed to a $50 tank of gas and a three-hour ride(barring traffic).