I agree that the price seems somewhat low, but also no one is acknowledging the original quote was ridiculously high.
And why is that high and why didn't anyone pick up on it?
See everyone here knows that 300 million + 600 Million is 900 million.
We all know the math, humans are basically good with math, but we suck at scale.
We know and understand the math, but we don't really know what 900million is and how much it is.
It is because of this that we see humongous price tags from govt
Incentive is the short answer.
Anyone living in south Florida can tell you about the bs that is the construction on the Palmetto, and how that's been going on for decades.
many men have lived well off the tangential expenses tied into the budget for different phases of the construction, because the incentives lie in that place.
So Elon is talking $30M; since the project is being done within the city, the county becomes involved with the staging of the machinery, possibly at PortMiami, maybe near the airport. Historical society gets involved, due to the Tequesta Circle, the church on Brickell Drive, and other historical sites in the tunnel's proposed path. Factor in events at AAArena, events in general, in a short dense area, and start asking how much would be needed to placate each person or people in charge to get this going, and add that to the budget, and add the proposed time scale, and that $30M becomes $100M on the short end.
also, taking a look at the area in terms of citizen displacement, if they go through with this, guarantee it's going through overtown, and on the brickell end, there'll be minimal interference done to the Icon.