Florida East Coast Industries announced last Thursday that passenger rail services between Miami and Orlando could begin as early as 2014.

The project, called ‘All Aboard Florida’, is designed to serve Florida’s growing number of business travelers, as well as families and tourists traveling for pleasure.

The service will connect South Florida to Orlando through a 240-mile route combining 200 miles of existing tracks between Miami and Cocoa and the creation of 40 miles of new track to complete the route to Orlando.

Eventually the system could be expanded with connections to Tampa and Jacksonville.

More than fifty million people travel between South and Central Florida annually, largely over highly congested highways.

All Aboard Florida is envisioned to transform the way people travel throughout the state, offering a faster, safer, and more enjoyable mode of transportation between Florida’s two largest metropolitan areas.

Targeted to begin service in 2014, the approximately $1 billion project will operate on a regular schedule throughout the day transporting business and leisure passengers between South Florida and Orlando in approximately three hours.

There would be four stops: Miami, Fort Lauderdale, West Palm Beach and Orlando, each with connections to airports, seaports and existing rail systems such as Tri-Rail and Metrorail.