Musk’s Boring Company built high-speed tunnel in Las Vegas, Miami wants the same

By Lucas Manfredi

A high-speed tunnel developed by Elon Musk’s Boring Company may one day make its way to Miami.

Earlier this month, Miami Mayor Francis Suarez met with Musk in Las Vegas to tour the tunneling company’s $52 million system in Sin City and to discuss potentially implementing the technology back home.

Las Vegas has promoted its innovation around the Musk project.

Suarez responded with a “couldn’t agree more” and invited Musk to Miami to discuss possibilities and “potential solutions for the benefit of our future.”

Musk replied back, writing “cars & trucks stuck in traffic generate megatons of toxic gases & particulate, but @boringcompany road tunnels under Miami would solve traffic & be an example to the world.”

The project would stretch from the city’s Brickell financial district to as far north as Little Haiti. The Miami World Center, a 10-city-block development under construction, would be among the tunnel’s series of stops.

When completed, Miami World Center will feature 11 skyscrapers, several hotels, the new Miami Convention Center, retail stores, restaurants and the new Brightline high-speed rail Miami Central Terminal.

“We want to connect all of downtown Miami to make it a cohesive, walkable drivable area,” Miami World Center lead developer Daniel Kodsi added.

The comments come as scores of people trade high-tax states such as New York for the Sunshine State to take advantage of the economic incentives, including lower taxes.

“This is unprecedented. We’ve never seen anything like this,” Kodsi said, adding that the city has seen a 20% increase in values for the luxury housing and hospitality project markets.

According to Suarez, property taxes under his watch fell to the second-lowest rate since the 1960s. As more people move to Miami, he emphasized that the city wants to keep its taxes low while making more investments in quality of life. Besides the tunnel, Suarez said he hopes to increase Miami’s funding for police officers.

“While many cities are defunding their police we want to increase our funding for police,” Suarez said. “We have the most police officers we’ve ever had in our history. We reduced crime last year by 25% and we had a historic low in homicides the year before that from 1954.”

Suarez explained during a press conference Monday that motorists would drive onto a fixed subterranean platform, which would then transport drivers and their vehicles through the tunnel at speeds of up to 120 miles per hour.

He noted that the Boring system’s throughput could be as high as 60,000 people per hour — higher than the Metrorail’s 50,000 people a day.

The mayor’s office is in discussions with Miami’s city commission regarding how the system will be procured. In addition, Suarez will seek a meeting with Transportation Secretary Pete Buttigieg to discuss possible federal funding for the proposed project as the Biden administration works to draft a national infrastructure package.

“My goal is to do a procurement that’s similar to what happened in Las Vegas, maybe even piggyback off Las Vegas. And in Las Vegas, [the Boring Company] financed it and had a guaranteed maximum price.” Suarez said. “So the idea would be potentially for them to finance it as well.”

Via FoxBusinessNews.com

0