Fresh off opening its first public tunnel in Las Vegas, Elon Musk’s The Boring Company (TBC) is setting its sights on Fort Lauderdale, Florida as the potential location for its next project.
The company has submitted a bid for a transport loop tunnel that would link the downtown area with the beach. Known as “The Las Olas Loop”, Mayor Dean Trantalis said the tunnel would be an “innovative and unprecedented” way to manage traffic congestion in the area.
Fort Lauderdale has received a proposal from Elon Musk's The Boring Co. to build an underground transit loop between downtown and the beach. Called “The Las Olas Loop,” this represents an innovative and unprecedented approach to addressing traffic congestion and transit needs.
— Mayor Dean J. Trantalis (@DeanTrantalis) June 30, 2021
If successful in their bid, it would be the company’s second public tunnel in the US, and the first on the east coast. TBC already has a test tunnel in Hawthorne, California, and opened a set of twin 0.8 mile tunnels underneath the Las Vegas Convention Centre last month.
Fort Lauderdale isn’t the only location in Florida considering a Boring tunnel to not only ease congestion, but also save money. In 2018 the city of Miami received a proposal to build a 2-mile tunnel for more than $900 million.
Musk says his company could build a similar tunnel for around $30 million.