Fortress Investment Group
It is quite frustrating to commute between Miami and Lauderdale. Due to this fact, most Florida residents drive. During the rush hour, a drive that would usually take 30 minutes with little or no traffic could easily take an hour. SoftBank to Buy Fortress Investment Group for $3.3 Billion. It is even worse where there are instances that involve a car accident, or any type of traffic disruption. Such a disturbance could last for a few hours. However, Fortress Investment Group has come to rescue the situation.
To the rescue of precious time lost in traffic, Fortress Investment Group’s Brightline train has been established to provide a faster and more convenient option for those who are travelling between the two major South Florida cities. Brightline services in Miami was first rolled out on the 19th of May, 2018. Brightline has established routes between Fort Lauderdale and Palm Beach since the beginning of the year.
Having services expanded on to the Magic City is a substantial step in reducing traffic and providing better and eco-friendly solutions to commuters. These trains come with a lot of goodies for commuters including fast Wi-Fi, leather seats, USB ports and wide aisles not to mention the amazing food service and lounges.
Fortress Investment Group, which owns Brightline, is inspired to implement this type of rail service across multiple cities in the US. Fortress Investment Group’s co-founder and co-chief executive officer, Wes Edens, says that he has plans to extend the West Palm Beach- Miami route, 235 miles out to Orlando. The train could reduce the travel time between the two cities down to less than two hours with projected speeds of up to 125 miles an hour in a few years.
Wes Edens is also interested in connecting Houston and Dallas with a Brightline route and is even considering other routes like Atlanta to Charlotte and Chicago to St. Louis. There were also rumors that Wes Edens would consider connecting Chicago and Milwaukee. This route is, however, unlikely because additional train services are much more needed elsewhere.
Brightline’s endeavours and future strategies are also anticipated to escalate real estate prices in areas served by the train stations. As the service continues to become more popular among customers, residential apartments in interconnected cities will also become more attractive.