Time for some more intrigue regarding the potential for a Disney Springs station.
As part of their bond financing, each month Brightline publishes a report detailing their ridership, revenue, construction progress, and other business activity. A portion of these reports is on future expansion, and for many months that included section about Tampa covering their right of way negotiations with FDOT for I-4 and CFX for 417, as well as a section on Disney Springs discussing how they have a long term agreement to build a station at Disney Springs and they expect it to provide significant ridership.
Now, in the last two monthly reports, the Disney Springs section has been omitted entirely and the Tampa one replaced with a much more generic statement about extending to Tampa "including one or more stations to serve the theme parks and other major travel destinations along the corridor" with no mention of CFX/417.
Tampa Extension
Our parent completed negotiations with the Florida Department of Transportation (FDOT) for right-of-way access rights in the I-4 corridor for rail infrastructure between Orlando and Tampa and anticipates executing final agreements with FDOT in early 2022. The ongoing negotiations with the Central Florida Expressway Authority (CFX) for right-of-way access rights in the State Road 417 (SR 417) corridor have progressed and are pending the outcome of the National Environmental Policy Act (NEPA) process and a Supplemental Environmental Impact Statement (SEIS) along the existing SR 417 corridor.
Disney Springs Station
We entered into a long-term agreement to develop, construct, and operate a station at Disney Springs subject to permitting, final design and our satisfaction of certain other obligations and obtaining all other necessary government approvals. Walt Disney World Resort is a highly visited destination, attracting millions of visitors annually, a significant number of whom originate along our corridor. The station at Disney Springs will provide a fast, convenient, and enjoyable alternative to driving or flying for the millions of trips made by guests traveling between South Florida and Orlando to visit the Walt Disney World Resort each year. As part of a future planned extension to Tampa, the station at Disney Springs could also serve the millions of annual visitors to Disney and Orlando originating from the Tampa area. The extension from the Orlando airport to the station at Disney Springs comprises a component of the Tampa extension for which we won the RFP process in November 2018. The RFP was issued by FDOT and CFX for the leasing of rights of way owned by FDOT and CFX to provide intercity passenger rail service between Orlando and Tampa. We expect the station at Disney Springs to have a significant potential to increase our ridership, revenue, and EBITDA.
Tampa Extension
Our parent continues to advance plans for an extension to Tampa, including one or more stations to serve the theme parks and other major travel destinations along the corridor. We believe the extension to Tampa would expand and diversify our ridership and revenue and represents a logical next phase of our development in Florida. The potential extension from the Orlando airport to Tampa relates to the RFP process which we won in November 2018. The RFP was issued by FDOT and CFX for the leasing of rights of way owned by FDOT and CFX to provide intercity passenger rail service between Orlando and Tampa
Obviously that's not a great sign for the prospects of a future Disney Springs station. The big question now is whether a Disney station has been cancelled entirely or just the old plans for the DS station.
For the southern/417 routing, it had become relatively clear that the plans for the Disney Springs station were to have stub ended ("terminal") station on a roughly north/south axis along the eastern edge of the Team Disney parking lot with trains approaching from the south and the platform/tracks extending north across Buena Vista Drive to passenger facilities incorporated into the east side of the Orange garage. Under the northern route, with the tracks instead coming down I-4 from the northeast, that layout won't work.
It remains to be seen what the alternative Disney station layout will be, or if there will even be one at all, given the train related fights that have happened over the years.