Wynwood revitalization plan gets OK from Miami commission
by Brain Bandell
South Florida Business Journal
The city of Miami commission granted the
first approval for the rezoning of the emerging Wynwood neighborhood as
tens of millions of dollars of developer dollars have poured into the
area.
Having gained international fame for its street art,
Wynwood is in the midst of a transformation from a district of old
warehouses and empty lots to buzzing restaurants, shops, and galleries.
It’s located to the northwest of downtown Miami, just west of Edgewater.
The Wynwood
Neighborhood Revitalization District (NRD) plan would allow greater
residential density and height while encouraging the preservation of its
signature warehouses. Residential density would be increased to 150
units per acre and units could be as small as 650 square feet, which
would make them more affordable. Through buying Transfer of Development
Rights (TDRs) from other properties in Wynwood, sites could be developed
eight to 12 stories tall. The greatest density would be on North Miami
Avenue, Northwest 29th Street and Northwest 20th Street.
The NRD was approved by a 3-0 vote on Thursday. If it passes at a second reading in September, the plan would be put into place.
“We are pleased and grateful for the approval of the City of Miami Commission,” said Joseph Furst,
chair for the Wynwood Business Improvement District (BID) Board. “The
NRD plan will ensure Wynwood’s continued evolution as a center for art
and innovation for all of Miami’s residents and visitors—and we look
forward to working with the City to implement it.”
Read the full article here
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