FYI Miami: December 12, 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.
UM RESTORING REEFS: A team spearheaded by researchers at the University of Miami’s Rosenstiel School of Marine and Atmospheric Science will use a $6 million award to restore 125 acres of reef habitat in Miami-Dade and Broward counties by growing and planting more than 150,000 coral colonies and larvae from five coral species, three of which are endangered. The money from multiple donors, spearheaded by the National Fish and Wildlife Foundation and the National Coastal Resilience Fund, established the South Florida Coral Reef Restoration Hub.
MEGA-PROJECTS PUTDOWN: The City of Miami’s Planning, Zoning and Appeals Board has spurned a provision in the zoning code that allows for large-scale developments of greater than nine abutting acres known as special area plans. City staff argued that SAPs allow for greater integration of public and private improvements, streetscape design and thoroughfare connectivity. It was also argued that with nearly half the city zoned for duplex or single-family residential, the city has an affordability and housing availability crisis. However, members of the board by an 8-1 vote called for city staff to draft a recommendation for their Jan. 15 meeting that would urge the city commission remove SAPs from the zoning code. Brickell City Centre and Magic City Innovation District are some of the approved special area plans.
FISHER ISLAND’S ZIP AMONG PRICIEST: Just one Miami-Dade zip code landed on real estate website PropertyShark.com’s list of the costliest zip codes nationwide for 2019. With a $2.4 million median sale price, Fisher Island’s zip code 33109 was the 30th most expensive area in the nation, beating out every San Francisco zip code, of which 12 made the list, as well as numerous zip codes in New York, Los Angeles and San Mateo counties. However, the Fisher Island zip’s median sales price in fact fell 26% year-over-year, site staff wrote, falling from 10th last year, when median sale prices hit $3.25 million. Topping this year’s list is Atherton, a San Mateo County, CA, municipality whose 2019 median sales prices reached $7.05 million, far outpacing second-place Sagaponack, a Suffolk County, NY, city that hit $4.3 million in median sale price during the period.
BACK TO THE FUTURE: On the agenda of the county’s Health Care and County Operations Committee today is resolution from Commissioner Javier Souto asking the mayor to examine the feasibility of installing public payphones at all county facilities. The resolution notes that with the advent of cell phones “there are very few public payphones left in the county” and they could be useful because emergency calls to 911 are free.