FYI Miami: January 7, 2016
Below are some of the FYIs in this week’s edition. The entire content of this week’s FYIs and Insider sections is available by subscription only. To subscribe click here.
EXTRAS IN BRICKELL: Miami commissioners have approved legislation tied to improvements within the road right-of-way along parts of Sixth, Seventh and Eighth streets and South Miami Avenue. The improvements are part of Brickell City Centre, a vast mixed-use development nearing the end of its first phase. A Special Area Plan (SAP) for the project was adopted in 2011 and amended in 2013. The SAP includes non-standard improvements within the right-of-way. Brickell City Centre Project LLC had requested permission from the city and Florida Department of Transportation to construct and maintain the improvements within state road right-of-way adjacent to the SAP. The company will construct and maintain the improvements and indemnify the city. Improvements might include vending machines, flagpoles, decorative and ornamental lighting, ash urns, trash receptacles, bicycle racks, bus benches and shelters, ATMs, valet parking stations, play and entertainment areas, kiosks, tables and chairs and pedestrian shelters.
ARTFUL DEAL IN WYNWOOD: A Wynwood art gallery site that sold for $2 million in April 2013 has just been sold again for triple that amount, $6 million, or $723 million per square foot. The site is in an area of Wynwood that in October received zoning and land-use changes that allow for denser residential developments. The new owners are looking to bring two food-and-beverage concepts to the 8,300-square-foot building, which sits on a 12,188-square-foot lot adjacent to the new 250 Wynwood building. Former owner 310 Warehouse Interests sold the site at 310 NW 24th St. to 310 Wynwood LLC, a joint venture of the Miculitzki Family and Cabi Developers. Gaston Miculitzki of Briteway Properties represented the buyer and Central Commercial Real Estate broker Ari Dispenza represented the seller in the deal.
MAKING WASTE: Miami-Dade residents generate 4.05 pounds of solid waste per person per day on average, or 1,477 pounds per person every year, according to figures Mayor Carlos Gimenez submitted to county commissioners last month. The US Environmental Protection Agency nationwide figures the average American produces 4.4 pounds daily, the Mayor reported. The report also found that the county’s water and sewer department used 135 gallons of water per person each day. The county compiled the figures at the request of Commissioner Juan Zapata.