FYI Miami: September 5, 2019
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.
CONSTRUCTION SURGE: New construction starts in South Florida nearly quadrupled in value in July from the value of starts in July 2018, according to figures provided by Dodge Data & Analytics. Even so, however, the value of construction starts for the region in the first seven months of the year was left at 7% below the January through July level of 2018. In July, residential construction starts soared 94% above the level of July 2018, rising from $336 million to $653 million. Meanwhile, the value of nonresidential starts was 638% of the value the prior July, rising from $266 million to $1.7 billion. The big July figures represented more than 30% of the year’s total construction starts in the region. For the year to date, those starts are a bit above $7.6 billion, versus just under $8.2 billion for the first seven months of 2018.
TPO PLAN CLOSING: Concerned residents wishing to review and provide feedback on the draft version of Miami-Dade Transportation Planning Organization’s (TPO) Long-Range Transportation Plan have until Sept. 16 to do so, a TPO release says. The plan, which will lay out the comprehensive agenda of the TPO through 2045 for highway, transit, freight and non-motorized transportation infrastructure, will serve as an update to the long-range transportation plan adopted by the county in October 2014 that ran until 2040. “The 2045 [long-range plan] emphasizes strategic rapid transit, land use, increased population and density, connectivity, multimodal shared mobility, and innovative financing throughout the long range transportation planning process,” the plan’s introduction says. “A connected and efficient multimodal transportation system in Miami-Dade County is the backbone to our economic mobility.” Details: https://miamidade2045lrtp.com/the-plan.
BEACH TRANSIT WORKSHOPS: The Miami-Dade Department of Transportation and Public Works will hold two workshops this month to present, discuss and review alternatives for the Beach Corridor of the Strategic Miami Area Rapid Transit (SMART) Plan – the first from 6-8 p.m. Sept. 12 at the New World Center, 500 17th St. and the second from 6-8 p.m. Sept. 16 at the Miami Marriott Biscayne Bay, 1633 N Bayshore Dr. County commissioners were to have considered authorizing Mayor Carlos Giménez’s office to advertise a 180-day request for proposals to design, build, finance, operate and maintain a rapid mass transit solution on the Beach Corridor trunk line of the SMART Plan connecting Overtown to South Beach. A consortium including casino giant Genting and China’s BYD submitted an unsolicited proposal to the county May 2 to build monorail on the corridor.