Expressway Authority Buys Land For Orlando-To-Miami Train

Law360, Miami (August 29, 2013, 5:10 PM EDT) -- The Orlando-Orange County Expressway Authority agreed Wednesday to buy land from the Deseret Ranches along the southern edge of State Road 528 that will provide passage for Florida East Coast Industries Inc.'s planned $1.5 billion All Aboard Florida passenger rail line.

A land lease between the Expressway Authority and the FECI still needs to be worked out — it has been noticed for a special Sept. 9 meeting — but the $12 million land deal, approved by the authority's board Wednesday, clears a path where All...
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