The Problems with Minimum Parking Requirements in Miami

Miami’s excessively high minimum parking requirements can prevent a great project from moving forward. A developer may have a brilliant idea for a site, but if he or she cannot accommodate parking within the footprint of the site the project will likely not break ground. The sad truth is that parking dictates development in Miami… Read more…

Biscayne Plaza Sold; Will A Transit Oriented Development Come to 79th Street?

  Last week Global Fund Investments and MMG Equity Partners announced they had acquired Biscayne Plaza ($12-14 million unconfirmed), a 347,000 square-foot grocery-anchored center located at one Miami’s most prominent intersections. Biscayne Plaza is located on the northwest corner of Biscayne Boulevard and NE 79th Street.  The property sits just east of the FEC rail line as well;… Read more…