ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%

What is the difference between the Sunshine Corridor and the Brightline I-Drive extension?

These are two overlapping but fundamentally distinct infrastructure concepts, and conflating them is the most common analytical error in the Sunshine Corridor investment thesis. The SunRail Sunshine Corridor is the FDOT and local government commuter rail extension connecting OIA to the I-Drive and attractions corridor. It is publicly funded, the PDE study is underway with $6M committed, and it follows the federal transit funding process (PDE → NEPA → FTA application → grant → construction). The Brightline I-Drive extension is a separate project: a private high-speed rail company's potential extension of its Miami-to-Orlando line northward from the existing Orlando station (at OIA) along or near the I-Drive corridor. Brightline's extension is in the exploration and feasibility phase. It is not funded. It does not have permits. It does not have a construction timeline. The critical point for investors: the Sunshine Corridor land banking thesis does not require Brightline. The SunRail extension alone, with its confirmed PDE funding and OCCC station site, justifies the thesis at the station areas identified in this analysis. Brightline is upside optionality. If Brightline builds the I-Drive extension, it amplifies the transit premium at the I-Drive station area significantly. If Brightline does not build, the SunRail extension thesis remains intact. Underwrite to the SunRail case. Price Brightline as a free option.