Archives

  • www.xinsurance.com
Advertisement
The Newspaper for the Future of Miami
Connect with us:
  • Facebook
  • Twitter
  • Instagram
  • Linkedin
Front Page » FYI Miami » FYI Miami: December 4, 2014

FYI Miami: December 4, 2014

Written by on December 3, 2014
  • www.miamitodayepaper.com
Advertisement

INTERNATIONAL AIR LINKS: It’s a big week here for international aviation. Air France brought its 516-seat Airbus A380-800, the world’s largest passenger aircraft, to Miami International Airport on Monday evening, the second airline to offer the service here. The plane is to fly on the Paris-Miami route through March 27 for the winter. On Tuesday, Germany’s Lufthansa resumed seasonal flights linking Miami and Munich five days a week via a 217-passenger Airbus A330-300, complementing daily service from Frankfurt. Also on Tuesday, Azul, Brazil’s third-largest airline, began daily non-stop service linking São Paulo with Fort Lauderdale/Hollywood International Airport. It’s Azul’s first international route.

FLY ME: Art Basel Miami Beach brings an uptick in private air travel, as evidenced by statistics from the Miami-Dade Aviation Department. At Miami Opa-locka Executive Airport, the county’s busiest general aviation airport for Art Basel and home to three private jet facilities, arrivals and departures during Art Basel from Dec. 1-8 last year totaled 1,990, up from 1,550 during the first eight days of the prior month. Through September this year, flights at Miami Opa-locka Executive are up 25%, the department said. The Landmark private jet facility at Miami International Airport had 586 arrivals and departures Dec. 1-8 last year, up from 331 during the first eight days of the previous month. There are private jet facilities at Miami Executive Airport (formerly Kendall-Tamiami Executive) and Homestead General Airport, the county’s two other general aviation airports, but less traffic for Art Basel is expected there because they are farther from the art shows.

NO OVERTOWN FUND CAP: The Miami-Dade Commission has changed county code on tax-increment financing for the Southeast/Overtown Park West Redevelopment Area. Like the other 13 community redevelopment areas (CRAs) in the county, the Southeast/Overtown Park West area is financed through a trust fund annually replenished by the county through tax increment financing: tax revenues from property values in excess of what the values were the year the CRA was created. The commission-approved legislation removed restrictions that applied to the Southeast/Overtown Park West redevelopment area, including a cap imposed on the annual appropriations to its trust fund. The county’s CRAs are areas designated as blighted and in need of development. Created in 1982, the Southeast/Overtown Park West CRA stretches from Northeast Fifth Street north to I-395 and from I-95 east to Biscayne Boulevard.

  • www.miamitodayepaper.com
Advertisement