Transit-Oriented Magic City Innovation District To Begin Vertical Construction In Early 2022

The developers of the Magic City Innovation District have announced that the project will begin its first vertical construction project in early 2022, according to the Herald.

A 12-story office building with 370,000 leasable square feet is the first that will be built, at 5972 N.E. Fourth Ave.

Motorsport Network has signed on to lease 50,000 square feet of the new building, occupying the top three floors.

According to a press release from last October, Lemon City Group will develop the office tower after purchasing the property from Magic City’s developers. Lemon City is affiliated with the owner of Motorsport Network.

The Magic City Innovation District has been approved to build:

  • 2,630 residential units
  • 1,987,686 square feet of office
  • 101,669 of expo space
  • 432 hotel rooms
  • 344,538 square feet of retail
  • 6,081 parking spaces in garages

Last fall, Miami-Dade commissioners adopted a resolution naming the Little Haiti area as one of six locations prioritized for a commuter rail station on the Brightline tracks.

The developers of Magic City announced yesterday they have made the first $3 million payment to the Little Haiti Revitalization Trust after obtaining final approval for the project. Eventually, they will pay a total of $31 million

 

New renderings of Magic City Innovation District:

Rendering of the Motorsport Network building:

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Karl Isen
7 months ago

Why is this called an Innovation District? This development has over 5 million SF of residential with under 2 million SF of office. There isn’t an Innovation District nationally or globally with a 5:2 residential to work space ratio… not Boston, Cambridge, Atlanta, Brooklyn, San Diego, San Francisco, Buffalo, Philadelphia, Pittsburgh, St. Louis, Raleigh-Durham, Seattle, Barcelona, Berlin, London, Medellin, Montreal and many more. It seems that Miami has this phenomenon of greater residential development over office and retail. Miami Leaders need to embrace a vision that entices Innovation development in conjunction with institutions over condo developments. Innovation Districts provide great tax incentives to companies to invest in their districts. Metro Boston is busting to get more LAB Space for Life Sciences into their Innovation District spawning currently 3 additional Districts in the planning phase. It’s not by chance that Boston Labs incubated the Covid vaccines for Pfizer and Moderna, they have made it worthwhile for companies and institutions to work, live and play together. The Brookings Institute classify Innovation Districts as “geographic areas where anchor institutions and companies cluster and connect with small firms, startups, business incubators and accelerators.” Additionally, innovation districts are “physically compact, transit accessible, technically wired and offer a mix of office, housing, and retail.”

Azarius
7 months ago

Housing makes more money development wise

Anonymous
7 months ago

“It seems that Miami has this phenomenon of greater residential development over office and retail”

Seems like you have this notion that this city will survive on building more office than residential. Your list of other cities don’t mean a thing when it comes to the educated people who’re able to work at these firms you mentioned. Until the amount of educated that’s needed to work in these sort of firms is sufficient in this city, they must continue building at a 4 to 1 ratio of residential vs office. The Boston area has a much, much higher English speaking population compared to Miami. There are more advanced colleges in the Boston area compared to Miami. Areas such as Boston’s have been absorbed by this aspect for years and years while Miami has been coping with a flood of immigrants that those kinds of institutions won’t hire to work in. Until then, we must appreciate the new residents from other states and have residential structures that will wow them and make them realize that South Florida is something beyond their wildest imagination.

Karl Isen
7 months ago

It’s not that residential development is wrong or shouldn’t be applied, it’s that the “innovation district” is just a marketing gimmick in this case. Case in point, ask what’s outlined for tax credits initiatives for prospective corporations, or how are incubating companies incorporated in the development, or even the ratio of market rate housing to affordable housing? Or what institutions have been incorporated in the development? The answer is that this is mostly a residential project. Lastly, you are short selling Miami and the strength
of its institutions. Miami has an enormous student population that draw from unmatched diversity with many professional programs. Furthermore Miami is attracting many technology and financial companies at unprecedented rates. If Miami wants to be a world class city, it needs to address its issues intelligently (transportation, sea level rising, affordable housing, and education) and limit marketing itself accordingly for more luxury and market rate residential developments as it primary enterprise.

Karl Isen
7 months ago

https://www.bloomberg.com/news/articles/2016-09-08/america-s-biggest-college-towns
Miami is in the top tier of cities with the largest college student population behind NYC, LA, Chicago, Boston and Philly. More than 300K students call Miami home meaning that there is a large ‘creative class’ which are the proven ingredient to the success of innovation districts. How is that addressed or incorporated in The Magic City Innovation District development?

Anonymous
7 months ago

A huge portion of the college students are at MDC. And the majority of the student down here are commuter students. The schools down here need to attract more outside talent from across the country and world.

Anonymous
7 months ago

Who said that commuter students don’t achieve high goals? Miami has a brain drain problem because of government that would rather appeal to outsiders instead of our home grown talent. You’re a part of the problem

Anonymous
7 months ago

It’s not..
Miami does not have a “brain drain problem”

Anonymous
7 months ago

Its not.

Anonymous
7 months ago

Again, great points.
You are answering your own questions.
The promoter/Realtor is marketing a Trailer Park.
God bless him.
As long as it’s “sustainable”, his company emphasizes “diversity and inclusion”, and he shares $30M of the windfall to the Community Organizers in the neighborhood, he will win grant money and the approval processes will be smooth.

Anonymous
7 months ago

thank you for this info

Anonymous
7 months ago

Great points.
Here is your answer.
This area is dumpy.
This project was a trailer park. The guy who bought it is a promoter/Realtor. The “community leaders” in dumpy areas are easy to buy, and voila…an “innovation district” about 50 blocks north of where innovations are really taking place.

Anonymous
6 months ago

Work from home

Anonymous
7 months ago

Yeah, sure is transit oriented. As long as it starts with c .. ends with r and the middle letter is A.

6,000 parking spaces, what a joke. Ad a multiplier and that could be 20,000 additional car trips a day!

Anonymous
7 months ago

There are seven or 8 bud lines within a few minutes walk. It’s oriented to the transit we have.

Anonymous
7 months ago

Bud, not bud. Fat finger.

Anonymous
7 months ago

Bus. Autocorrect

Anonymous
7 months ago

how fat are your fingers fatty?

Anonymous
7 months ago

They proposed to build a train station, but the City of Miami commissioners insisted on ad a new trolley. I went to that meeting, left it crying

Azarius
7 months ago

That’s not a lot considering the full build out. You can’t expect everyone to abandon their car and Miami just isn’t there yet. There isn’t enough reliable transit and not enough density housing in the right areas

Anonymous
7 months ago

Building UP, is far better than building OUT – That is why the drive to Homestead is horrible, and way out at Westin.
If the stores are 7 miles away, of course people are going to drive to get anything they need.
But a grocery store on the same block, people would walk to that with the ‘foldable granny cart’ to not have to deal with traffic, parking, etc.

Anonymous
7 months ago

so should we just fill in the everglades and build there so there isn’t a high-rise.
People are moving here, people are multiplying… we have to have somewhere for them to live.
WE have choices but dense building seems to be a better choice for land preservation, traffic etc.
Make the city more dense and the train system is more feasible to build. Start building in the far stretches and trains will not be feasible at all. No one would build a train 20 miles out for one or two thousand at best riders a day.

Anonymous
7 months ago

Very ironic, and very Miami, that this “transit oriented development’s” first office tenant is “Motorsport Network” lol

Anonymous
7 months ago

I, on the behalf of Shore Power, Reduced parking spaces and expand the Metro Mover Equity Group, have issued a BUY rating on the Little Haiti Neighborhood!

Anonymous
7 months ago

Excellent point. Have they addressed the shore power needs of the local community?

Anonymous
7 months ago

I love the density along the north east corridor. Hopefully more to come

Anonymous
7 months ago

This entire project is needed for Little Haiti. I was born an raised in Miami 60 years ago and can tell you, Little Haiti needs it… badly!

Anonymous
7 months ago

I agree and from the area and just 30. Of course some weird fake woke people will cry about muh gentrification. Like that is a bad thing.

Anonymous
7 months ago

If they lived to be a hundred, they probably will see gentrification at least three times in their lifetimes.

Little River
7 months ago

The area is Little River.

Anonymous
7 months ago

A great addition to Upper East Side

Anonymous
7 months ago

This site definitely needs to have a train station, once the majority of this proposed development is built. Until then, if we only get a few stations on the NE corridor, there are far better locations than here.

Anonymous
7 months ago

No, 79 Street needs a train station. Another at 62 too? And 40 Street and 29 Street? Why not just build metromover.

Anonymous
7 months ago

metromover should be built to 29th st due to higher density in the area and 79th and 62nd should get commuter rail stations.

Anonymous
7 months ago

Please.. there may not be enough density between 79th to 29th streets for the Metromover.. not the other way around.

Anonymous
7 months ago

look at the density map yourself

Anonymous
7 months ago

Don’t have to, I was born in Miami before YOU were. I was there when there wasn’t a MetroMover.

transplant
7 months ago

Check your train stops in NYC or Chicago. Train stops are only about a 10-12 minute walk between stations. One stop every 20 streets does not cut it with this type of density.

Anonymous
7 months ago

We need the county to finally approve the train stations and the deal with Brightline. A Little Haiti station should be in the plan when there is enough density , likely 5-10 years. Otherwise the train will stop for almost no one, and that does not help.

Anonymous
7 months ago

No! We need tri rail. Remove the profit motive from our rail operations!

Anonymous
7 months ago

Removing the profit motive just invites cost bloat. It’s ok if the county sets the requirements for stations, though. Some subsidies may be required to provide stations in areas that are not yet economic. That is the sort of thing that the political sphere should decide and then pony up to make public goals achievable.

Anonymous
7 months ago

Your thinking is backwards: removing the profit is removing the cost bloat.

Anonymous
7 months ago

Brightline was an idea designed for highspeed rail between Miami and Orlando. Having the train stop every four blocks in Miami just defeats the point.

Anonymous
7 months ago

There’s two tracks. High-speed trains can pass.

Anonymous
7 months ago

We?

Azarius
7 months ago

Most of the commenters are Ill informed smh please go do more research on Brightline and the commuter rail system 🤦🏾‍♂️

Lemon City
7 months ago

The site is the former location of the Lemon City Depot AKA The Lemon City Train Station.

Anonymous
7 months ago

Yikes, talk about a bait and switch. The renderings of the completed neighborhood look fantastic, but the Motorsport Network Building that actually might happen is just hideous. The rendering lazily shows it out in the middle of the woods with a big parking lot (fluffy meadows? really?), which suggests that the designers aren’t putting a lot of thought into how this “transit oriented development” will actually connect with the neighborhood and transit. What happened to the ground floor retail? No pedestrian plaza? Not even any crosswalks? And WTF are those yellow and red columns at ground level supposed to do? Let’s hope that this turns out better than it looks.

Anonymous
7 months ago

The Motorsport Network Building is probably the only likely built. Everything else might be conceptual, and honestly, good because it looks like hideous, cluttered, and disposable architecture.

Get an architect, please.
7 months ago

Motorsports Building is a dog!

Anonymous
7 months ago

Most of the future residents and employees wouldn’t use that future train station. theyre going stay in their apartments like theyre castles until the entire area changes.

Anonymous
7 months ago

we don’t know yet what transportation system they will use. But if the building is there and more like it pop up, the amount of possible ridership is enough to keep the system going.

Anonymous
7 months ago

No it isnt.

Anonymous
7 months ago

The train doesn’t stop in the surrounding neighborhood, it goes North to South, out of the neighborhood…. Your comment makes no sense.

Anonymous
7 months ago

This is another Miami-speak for another residential development. This mofos here would know what innovation is if it bit them on the eyebrows. A joke. People here are soooo gullible.

Anonymous
7 months ago

FINALLY !!!!

Ugly Building!
7 months ago

What an ugly building!

FUGLY
7 months ago

The MotorSport Buildings is SO incredibly ugly. Is Dean Lewis the architect?

Anonymous
7 months ago

6,000 parking spots is gentrification

Anonymous
7 months ago

I’m sure they are not surface parking spaces.. therefore, they will not take up that much room.

Anonymous
7 months ago

This area already changed demographically three times, y’all fake wokes didn’t cry when Haitians replaced the bahamain-American population who were the majority there.

Anonymous
7 months ago

Heck, I even see Hispanics walking around in Overtown and Liberty City now. thirty years ago you couldn’t even melt someone that’s anywhere near white skin and pour them in or on these areas.

Talk about gentrification.. please.. stop crying.

Hispanics.
7 months ago

Haitians started leaving 25 years ago. Hispanics are the fastest growing group in the area.

Anonymous
7 months ago

Ummm…no it isnt.

Anonymous
7 months ago

Cool, build Eastside Ridge too.

Anonymous
7 months ago

One casino will be ideal in this project.

Anonymous
7 months ago

Look TNM, you can do alerts all you want when I post.. but believe me, I was running around in this city before most of you where in diapers.

Shawn Kouri
7 months ago

We now got better renderings of this project. This is very close to my dads house. In fact it’s only 10 minutes down the street close to Ironside pizza and Morningside KH Centre. That would be very cool, turning the area into somewhat of a smart city. There are fears of gentrification caused by this project but if you think about it there are some people who live in that area in Little Haiti that may have probably gotten a degree for something but the careers that fit within their degree or not there, or not in Miami. Miami doesn’t have career opportunities that might fit within their degree right now, or lack there of. This will change that. This is going to help some of those people get into good paying or high-paying jobs. You don’t want to see them going to deeper poverty because of arise in rent and a high cost of living do you? No. So this is a good thing. It’s also going to help transform the area. It might actually create less of a need for affordable housing for the people that live in the area. What is the people that live there right now make enough money to upgrade their car for their family to perhaps a Chevy suburban or a Tesla Model X, Model Y, or Tesla Cybertruck? What if, they might make enough money so homeowners in that area can tear down their old home and rebuild with a brand new home at the same address they currently live in? This project might allow them to do that since some of them can start a career in a good paying job or career. Especially in Miami now, there is now a greater need than ever before to build Miami mayor Francis Suarez is courting tech companies and technology start ups from Silicon Valley to come down to Miami where there are lower taxes and yes! No state income tax. Except just property tax and federal tax. So this is a good thing. Eventually there could be even more opportunities if plans to build Eastside Ridge, and even more controversial mixed used project, finally gets through and gets approved to build. If you want to make units units even more affordable, go prefab modular construction. And allows buildings to be built faster and in a better quality. Buildings are also built to be more durable in extreme weather because of the fact that they are built out of a factory and are also more sustainable and cheaper to build.

Anonymous
7 months ago

Shawn, that was a bunch of mess

Don
7 months ago

Incoherent blabber, per usual from S.K.

Anonymous
7 months ago

Only renters “fear” “gentrification. If you owned next to that trailer park, your property values have skyrocketed…
Only Community Organizers expouse this “gentrification” notion. They round up the victims for a shake down.

Anonymous
7 months ago

Even though the project may add some density, it is also going to displace a lot of people. This area is a cultural Mecca, one of the most dynamic neighborhoods in the city. There have already been fears about developers displacing residence as climate gentrification becomes a reality. Rent already is expensive in Miami, and once this officially breaks ground, rent is going to skyrocket even more. I know people want more density, but at what cost

Anonymous
7 months ago

So by your argument, the entire city of Miami should just stay stagnant and grow into a big shantytown because some people are afraid of development?

Anonymous
7 months ago

The trailer park was not a cultural mecca. How do we help rent costs lower without building more units? How do we get lower rent without building next to transit, in high densities? How do we build more density on high ground (where the train happens to be) without displacing some people, to build far more housing?

Anonymous
7 months ago

Supply is how housing becomes affordable. California is a great example of what happens when incremental residential supply is impeded by regulations.

Anonymous
7 months ago

Correct Sir or Madam.

Anonymous
7 months ago

Sounds like someone is WOKE.

No displacement.
7 months ago

None of the 33 lots owned by Magic City had any residential tenants. So. No displacement.

Anonymous
7 months ago

What?
Blahh-ca maybe…
“Cultural Mecca” This is nothing like Mecca, and the “Culture” is no more noteworthy than Opa Locka.