FYI Miami: January 1, 2015
CONSTRUCTION BOOM: While nonresidential construction contracts were almost exactly flat in November from November 2013, residential contracts for future work more than quadrupled, from $217 million plus in November 2013 to $925 million plus in November 2014, Dodge Data & Analytics reported last week. For the first 11 months of 2014, nonresidential contracts rose 14% to $2.7 billion in the area while residential contracts rose 56% to $5.8 billion, Dodge reported.
RIVER TRAVEL: A water trolley would be a great addition to the Miami River, says Jim Murley, who heads the river commission’s Urban Infill Subcommittee. Speaking to commission members, Mr. Murley said he’d learned of a water trolley service in Fort Lauderdale. The new Riverwalk Water Trolley that provides free crossings on the New River is the product of the Downtown Fort Lauderdale Transportation Management Association in partnership with the City of Fort Lauderdale and Riverwalk Fort Lauderdale. The trolley takes a zigzag route, stops at eight points along the south and north banks of the river and promises to get riders across in 5 minutes or less. “That’s what we need,” said Mr. Murley, who suggested inviting those who run the water trolley to Miami to discuss the service.
FEWER ROAD DEATHS: The Florida Department of Transportation, in cooperation with the University of South Florida, will utilize local law enforcement teams to educate and enforce safe pedestrian, bicyclist and driver behaviors as part of a new pedestrian and bicycle safety enforcement campaign. The City of Miami is contracting with the state and the university to fund city police overtime pay to drive the safety campaign at high-priority city intersections. The state has allotted $73,699.20 to reimburse the city for the extra policing. The aim is to reduce crashes and fatalities involving pedestrians and bicyclists via selected traffic enforcement and education.
COMING ATTRACTIONS: Cinépolis USA will be opening a movie theater in CocoWalk in Coconut Grove in early January, replacing the existing Paragon theater, according to its marketing and public relations team and confirmed by the Grove’s Business Improvement District. A Mexico-based movie theater company that started expanding to the US in 2011, Cinépolis USA has five locations in California and is ranked the fourth largest movie theater company worldwide.