Miami Condo Market and Lifestyle Updates
Potential Expansions to Wynwood Moving through its Plans

Potential Expansions to Wynwood Moving through its Plans

by Sep Niakan | July 01, 2015

The Wynwood Business Improvement District (BID) is attempting to expand their boundaries, and also include more properties that are within its area already.

If BID is successful, 130 new businesses could join. “It’s not going to happen overnight,” Albert Garcia, director of BID and chief operating officer of Mega Shoes said, “We are reaching out to owners who were not included in the first round but want to have the services.”

When BID became an organization in 2012, owners voted to pay more in taxes, but would be included in their services. Back then, it was a huge “if.” Now it is applauded as a success and Garcia feels “that this is the time to expand.”

In order for the expansion to receive approval, 51% or more of the proposed new owners must be in favor of it. Next, being viewed as a formality, the Miami City Commission must amend the district’s enabling ordinance.

Currently, the district includes 50 square blocks ranging north-to-south from Northwest 20th Street to Northwest 29th Street, and east-to-west from North Miami Avenue to Northwest Fifth Avenue. The plan would increase the west boundary to Northwest Sixth Avenue and the east boundary to the Florida East Coast Railway tracks.

 

Source: miamitodaynews.com

Photo credit: Wynwood Aerial - lyonaerials.com

Recent posts

Lifestyle

Miami for Wine Lovers Part 1: Top Wine Tastings and Events

by Sep Niakan | July 18, 2017

Who needs Napa Valley when Miami has a flourishing wine culture? This series of blogs is dedicated to all the wine lovers in Miami. In this part, we are covering events and tastings across the city that will acquaint you with wines from around the...

Lifestyle

Editorial: Traffic-Busting Transit-Oriented Development of Condos and Apartments in Miami

by Sep Niakan | July 18, 2017

We are all familiar with the pain of Miami’s current traffic situation. But, our prayers are finally being answered! The long-time need for transit-oriented development is being addressed, with almost nine projects on the drawing board and one...

Real Estate News

Brickell Heights Has Arrived! A Review of the Condo and its Amenities (Photo Blog)

by Sep Niakan | July 18, 2017

Brickell Heights Has Arrived in Style! Brickell heights started closings in June at a rapid pace, and so far I have seen and heard nothing but good things about the building and have had great experience with the staff and management there. That...

Real Estate News

Miami’s New and Pre-Construction Condo Update: June 2017

by Sep Niakan | July 18, 2017

There’s a lot to report on the pre-construction front for the month of June. Residents of Brickell Heights now have possession of their keys, One Thousand Museum is seeking permission to add a helipad, Aria on the Bay requires a lower deposit...