Archives: Transit-Oriented Development

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BRT Chosen for Southern Corridor of SMART Plan

We recently wrote about the legislation that the Miami-Dade County Commission passed, giving the County exclusive regulatory jurisdiction over the property within the SMART Plan corridors. Now, the Miami-Dade Transportation Planning Organization (TPO) has made a major decision largely affecting the future of the SMART Plan. Yesterday, the TPO decided to adopt the County consultant’s … Continue Reading

Leveraging Public Funding for Mass Transit With P3s

We have previously written about Miami-Dade County’s proposed SMART plan, a massive, six-corridor expansion of the existing heavy rail system, and the benefits of delivering all or portions of the project as a public-private partnership (P3). This month, the County Mayor released an updated multiyear transportation pro forma that identifies $8.457 billion in available funding … Continue Reading

New Ordinance Facilitates Downtown Mass Transit and P3s

We recently wrote about Miami-Dade County’s proposed resolution that would designate the areas within the County’s SMART Plan corridors as “Areas of Countywide Significance.” The Board of County Commissioners has since adopted that resolution, allowing the County to maintain regulatory jurisdiction and facilitate development within the SMART Plan corridors. Passage of that resolution has set … Continue Reading

Ride-Sharing Apps Innovating Transit P3s

Ride-sharing has become a primary mode of transportation in many cities and for many people and is possibly the most visible evidence of the ways that technology is transforming transportation. Now, the ride-sharing apps are taking it one step further in a move that will provide a boost to Miami Dade County’s SMART plan, which … Continue Reading

New Ordinance Proposed to Facilitate Mass Transit in South Florida

Regional mass-transit systems are often plagued by the permitting challenges associated with construction in multiple cities, each with its own priorities, regulations, and permitting processes.  For example, the cost of the first leg of the Los Angeles light rail system skyrocketed due to the design changes demanded by each of the several municipalities the system … Continue Reading

Miami Micro-Units Solve for Both Tenant Affordability and Developer Profitability

Cities across America are facing an affordability crunch and housing in Miami is no different.  The short supply of affordable housing is even scarcer in proximity to Miami’s central employment districts with no single solution available.  Efforts to promote inclusionary zoning (mandatory affordable unit requirements) have populist appeal, but limited success and actually reduce land … Continue Reading

New Funding Source for Mass Transit under the SMART Plan

We have previously written about the need for new funding solutions for public transportation, including mechanisms that capture the added value of mass transit on adjacent properties.  Last week, consistent with our recommendation, Miami-Dade County adopted an ordinance that creates a “Transportation Infrastructure Improvement District” in order to capture the added value of new community … Continue Reading

Funding Mass Transit with Transit-Oriented Development

Since the earliest mass-transit systems, it has been understood that the property adjacent to train stations is particularly well-suited for dense mixed-use development.  People are willing to pay a premium for the convenience of living near public transportation, and since the goal of mass transit is to efficiently move people from where they live to … Continue Reading

Public-Private Partnerships (P3s) Continue to Gain Momentum

Although the public-private partnership (P3) model was used to provide most public infrastructure and services until the early 20th Century, for the past several decades, P3s were few and far between in this country. Recently, three factors have contributed to a renewed interest in the public-private model: (1) aging infrastructure that needs to be replaced; (2) … Continue Reading

After the Dust Settles: Implications of Continued Development in South Florida

To say South Florida’s real estate market is “booming” would be an understatement. The massive interest in development throughout Miami and its surrounding cities continues to increase. To quantify just how large this interest is, the Miami Herald has recently reported that, since 2011, developers have announced 400 new condo buildings with nearly 49,000 units … Continue Reading

Is Urban Renewal Miami’s Next Economic Engine?

Miami may soon join the ranks of other major U.S. metropolises boasting innovative urban trail projects that have transformed neighborhoods and ignited a firestorm of private investment. The Underline, a proposed development catalyzed by the nonprofit group Friends of the Underline in partnership with Miami-Dade County, will convert the underutilized land below the County’s Metrorail … Continue Reading

Miami’s Green Spaces Are Prime Assets for Public-Private Partnerships

On March 29, 2015, the Transportation and Infrastructure Committee of the Greater Miami Chamber of Commerce, of which Bilzin Sumberg is a member, hosted an event that discussed infrastructure plans that would increase Miami’s walkability and bikeability. In addition to increasing modes of mobility, the plans that were discussed would also allow Miami to recapitalize … Continue Reading

Rising Traffic Concerns Could Provide Cash Flow Stability for Miami’s Transportation P3 Solution

With plans to reduce Biscayne Boulevard to fewer lanes to allow for the creation of a promenade and bicycle lanes in Downtown Miami, some are arguing that the need for public transportation options cannot be clearer. The drivers in Miami-Dade are in desperate need of public transportation options that will reduce commute times, improve quality … Continue Reading

Transit-Oriented Development Critical to Metropolitan Growth

Urban Development: Faster Greener Commutes Key to Sustained City Growth, a report released in October 2014 by Cushman & Wakefield, provided insight into Transit-Oriented Development as it explored “the consequences of rapid population growth in 10 major North American cities”—with Miami being one. The study found that the majority of these major cities’ workforce is burdened … Continue Reading

Miami-Dade County’s Public Transit Plans Spur Development Opportunities

With Miami-Dade County making a concerted effort to expand its public transit system, South Florida developers are asking “what development opportunities will accompany the birth of such transit system?” Likewise, it will befit South Florida developers and attorneys to learn what zoning concessions Miami-Dade County must make in order to facilitate such transit-oriented development. A Greater Miami Chamber of … Continue Reading
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