High Speed Rail is a state-of-the-art, world-class transportation system that provides efficient, reliable and comfortable city-to-city travel at speeds of 120 mph or greater. High speed trains contain modern amenities and conveniences, and are time and price competitive with other modes of transportation. Currently, several high speed rail systems operate in the United States, Europe and Asia. Amtrak's Acela Express trains operate at speeds in excess of 135 mph between Boston, New York and Washington, D.C.

The Florida Department of Transportation (FDOT) has invested heavily in the preservation of the high speed rail corridor within the median of Interstate 4.  Florida's proposed high speed rail system will be constructed on tracks or overhead guideways completely separate from automobile traffic. Several high speed technologies exist in the marketplace today.

The estimated costs for the first two phases are:
·  Tampa to Orlando - $3.5 billion
·  Orlando to Miami - $8 billion (does not include right-of-way costs)