Miami Condo Market and Lifestyle Updates
Flagler Street Renovation This Year

Flagler Street Renovation This Year

by Sep Niakan | May 12, 2014

Miami legislators are planning to revamp the retail sector of the landmark Flagler Street before the end of the year.

The redevelopment project, called Flagler Streetscape, will cost $13 million for the recreation of its road and sidewalks, and will encouragement economic development in the area. Officials are planning on securing the project's financing before the deadline at the end of May.

“We’re operating under the belief everything will get done by May 27,” Javier Betancourt, deputy director of the Downtown Development Authority, said, “There may be some wiggle room, but we don’t want to even get to that point.”

A special assessment zone is expected to earn $1 million from Flagler Street landlords, $6 million from the city of Miami, and $6 million from Miami-Dade County in unused bond revenue.

Curtis + Rodgers, a design studio based out of Miami, has produced plans for the changes on Flagler Street. The changes will include valet stations, widened sidewalks, restaurant tables, and bike racks. The renovation is projected finish December 2016.

Flagler Street runs from Interstate 95 to Biscayne Boulevard.

 

Source: therealdeal.com

Photo credit: Flagler street (1960) - sportsbookadvisor.comFlagler street (2010) Wikipedia.orgFlagler street (2016) curtisrogers.com

Recent posts

Real Estate News

Experts Speak: Making the Best of Dens and Tiny Rooms in Miami Condos and Beyond

by Sep Niakan | October 01, 2017

When searching for a condo in Miami these days, you’re most likely to encounter units that come “plus den”. Brickell Flatiron features plus den units, so does Paraiso Bay, SLS Lux Brickell, Hyde Midtown, Aria on the Bay and many...

Opinions and Advice

Hurricane Irma: Assessing the damage on Miami’s real estate

by Sep Niakan | October 01, 2017

It’s great to see you on the other side of Irma! The worst is over and it’s time to take stock of her effects on Miami. Surprisingly, barring the expected power outages, downed trees, some flooding and a couple of cranes falling, Miami...

Lifestyle

Miami Scares Up Some Amazing October Events

by Sep Niakan | September 26, 2017

If you can’t wait until Halloween, Miami has plenty of occasions to party all October long. Octobers in Miami mean a lot more than candy and haunted houses. Here’s a reason to celebrate fall every weekend in Miami.   Miami Spice...

Real Estate News

Where to Find the Lowest Property Taxes in Miami?

by Sep Niakan | September 24, 2017

Most people don’t particularly love talking about property taxes. When looking for a home, buyers focus on more enjoyable aspects, like the layout, color scheme, size of the backyard, or the kitchen upgrades. Still, buyers have to pay...