Clicky

Miami Residential Towers Could Be Built With 50 Percent Less Parking Under New Proposal

Developers in Miami may soon be able to build apartments with even less parking.

Miami’s Planning Board is set to vote on a plan tomorrow that will allow new multifamily projects to be built with reduced or waived parking requirements.

Large-scale residential projects that are near a Metrorail or Metromover station are currently able to obtain a 30 percent reduction in parking requirements of 1.5 spaces per unit. If the new rules are approved, developers will be able to obtain a 50 percent reduction by paying into a city transit fund.

For small-scale projects (under 10,000 square feet) a handful of projects in limited areas will be able to build without any parking at all by paying into the fund. The exemption applies only to projects that are near a Metrorail, Metromover or high-frequency bus or trolley stop, and are not in a single or duplex family home neighborhood.

Backers of the proposal say that waiving parking requirements for smaller projects could help to promote a new walkable urbanism, while encouraging urban infill in areas such as Little Havana.

Details on the Transit Trust fund, including possible uses, were not provided in board agenda documents.

 

limited waiver area:

Leave a Reply

11 Comments on "Miami Residential Towers Could Be Built With 50 Percent Less Parking Under New Proposal"


Anonymous
5 hours 42 minutes ago

It’d be nice to have a project in the plan/design stage for how these new funds would be spent. The DOT and city transit fund finds new ways to collect revenue without putting out anything.

Yet Another Anonymous
5 hours 32 minutes ago

The thing is to make them want to do it it will have to be significantly less money than the parking would cost and at that price its not going to fund anything major. Not against this at all but it seems almost like just an excuse to give people exceptions if they pay you.

laz
5 hours 29 minutes ago

problem i have that 70% of people that live in downtown do not work in downtown, downtown has not brought in big corporations the suburbs have. so if you want people to live work and play like in New York you need to have more companies moving in.

Anonymous
3 hours 32 minutes ago

More of this growth would be good, but plenty headway has been made.

Anonymous
3 hours 23 minutes ago

I won’t ask where you got that figure but… Why is that your problem? If a building with no parking doesn’t suit you, then cool don’t live there or don’t build one. For what its worth, I live downtown and work in the Gables. The trolley can pick me up at my front door and drop me off at my office. The options are there, you can choose to use them or not.

Anonymous
2 hours 42 minutes ago

Exactly and most of heavy job corridors in Miami are next to mass transit except Doral. That might change soon with a new east west rail line being constructed in the next couple years.

Anonymous
3 hours 1 minute ago

This works out great for developers: lower costs and now spaces will be in demand so you can jack up their rates through the roof.

Anonymous
2 hours 32 minutes ago

Concept sounds great but the implementation not so much. First transportation is mostly a Miami Dade County function. Secondly the City of Miami bureaucracy and history of duplicity and outright corruption means the funds collected becomes a slush fund and nothing material in added mass transit gets done i.e. MetroMover extension to Midtown or Little Havana Marlins Park.

marc
2 hours 21 minutes ago

If only we could get Metromover to Midtown. (Insert head banging against wall emoji here)

Anonymous
2 hours 5 minutes ago

Even a Tri-Rail Costal Link station would be a leap forward.

marc
38 minutes 47 seconds ago

Confident that’s happening, it’s a no-brainer.