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August 2011

Broward County leases Port Everglades land to railroad, expects new jobs

A “milestone” agreement to lease public land at Broward’s seaport to a private railroad company won the County Commission’s approval Tuesday, cementing a deal that has been years in the making.

Broward elected officials and business leaders, as well as Port Everglades and Florida East Coast railway officials, said the compact for what they call an “Intermodal Container Transfer Facility” will bring much-desired jobs and expansion of commerce in an ailing economy.

Broward County Commission Approves MOU with Florida East Coast Railway to Transport Containerized Cargo at Port Everglades

The Broward County Board of County Commissioners today unanimously approved a Memorandum of Understanding (MOU) with the Florida East Coast Railway (FEC) to construct and operate an Intermodal Container Transfer Facility (ICTF) on 42.5 acres of land at Port Everglades.