Development News for Miami, Florida

Little Havana Parking Trust Fund Established to Support Mobility and Development

The board approved the establishment of the Little Havana Parking Improvement Trust Fund. This fund allows developers in the district to pay a fee in lieu of constructing required parking spaces, thereby supporting district-wide parking and mobility improvements. The fee structure is set at $13,500 for a half-space and $27,000 for a full space, with a provision for future adjustments. Revenue will primarily fund parking facilities, mobility enhancements (like shuttle services), and streetscape improvements. The decision aims to address parking challenges in the dense, historic neighborhood, support economic development, and preserve its unique character, while also offering flexibility for developers. Amendments were added to ensure a minimum percentage of funds are used for creating parking spaces and to adjust the fee.

Miami 21 Amendments to Boost Greenway Development Approved

The board recommended approval for amendments to the Miami 21 zoning code and city code concerning greenways. The amendments aim to incentivize development along greenways, support their reinvestment and construction, and improve existing greenways. Key changes include clarifying greenway definitions, introducing a public benefits program for greenway development, requiring properties fronting greenways to construct adjacent segments (with opt-outs), and updating the parks and open space trust fund for greenway contributions. Public feedback was largely supportive, emphasizing the importance of greenways for connectivity, recreation, health, and economic benefits, though concerns were raised about potential density increases and impacts on neighborhood character. The amendments were approved with an 8-0 vote.