fbpx
Wednesday, 17 November 2021 18:38

The Boring Company Fort Lauderdale Loop Will Cost as Much as a ‘Cup of Coffee’

Written by Maria Merano, Teslarati
The Boring Company Fort Lauderdale Loop Will Cost as Much as a ‘Cup of Coffee’ Mayor Dean J. Trantalis/Twitter

Share This:

 

The Boring Company (TBC) and Fort Lauderdale continue to negotiate the terms for the Las Olas Loop project, expected to help the city with congestion.

In October, the Fort Lauderdale Commission voted 4-1 to proceed with TBC’s Las Olas Loop proposal. The favorable vote allowed TBC to enter into more detailed negotiations with Fort Lauderdale about its underground tunneling project in the city. 

 

In his November newsletter, Mayor Dean J. Trantalis provided a short update on the negotiations with Elon Musk’s tunneling company.

 

“The city is in the midst of negotiations with Elon Musk’s The Boring Co. to build an underground transit loop between downtown and the beach. Using dedicated electric vehicles to navigate the tunnel network, passengers would be transported between locations in about three minutes for the cost of a cup of coffee,” Trantalis wrote. 

 

Unlike the Las Vegas Convention Center (LVCC) Loop, the Las Olas Loop will be a paid service, more like TBC’s upcoming Vegas Loop. The speculated fare price for the Vegas Loop---which is still under construction in Sin City---is $5 to $10 per vehicle. 

 

Based on Fort Lauderdale coffee shop prices, specifically Brew Next Door and Circle House Coffee, the average price for a cup of joe in the city appears to be $3 to $6. A three-minute ride between downtown Las Vegas to the LVCC, which is about 2.8 miles apart, might cost $5 per vehicle. It must be noted the speculated Vegas Loop prices are based on a one-way trip per vehicle.

 

TBC is currently using Tesla vehicles to transport people in it LVCC Loop, namely the Model 3, Model Y and Model X. The Model Y can accommodate at least four passengers with one seat for the driver.

 

There are some reports TBC is already working on a shuttle for its tunnels that could transport more passengers during a single trip. The Las Vegas Convention and Visitor’s Association (LVCVA) hinted the LVCC Loop would eventually upgrade to vehicles that could accommodate up to 16 passengers.

 

Trantalis seemed excited about the Las Olas Loop.

 

“As a community, we need to find a public transportation system that is fast, convenient and inexpensive. It must be one that is also dynamic enough to meet needs of residents and visitors that change throughout the year. The Musk project fits the bill and is easily expandable,” he wrote.

 

We thank Teslarati for reprint permission.

 

Share This:

Read 64 times