Our Beautiful House
  • Home
  • Decorate
    Decorate
    Show More
    Top News
    Top 3 Inexpensive Hardwoods
    October 28, 2020
    Beautiful Homes That Are as Functional and Comfortable
    October 14, 2020
    5 Perfect Kitchen Upgrades for a New Look Without Remodeling
    October 19, 2020
    Latest News
    Top Halloween Decor Picks to Transform Your Home into Spooktacular Haven in 2023
    October 31, 2023
    10 Home Renovations That You Should Splurge on
    July 8, 2023
    Top 15 Modern Interior Designs You Need To Know
    June 1, 2023
    10 Home Repairs to Leave to the Pros
    May 18, 2023
  • Rooms
    Rooms
    Show More
    Top News
    9 Popular Bedroom Flooring Settings to Consider
    April 27, 2023
    Working from Home: 10 Luxurious Offices and Studies
    September 14, 2020
    Living Room Design Trends
    November 5, 2020
    Latest News
    5 Nursery Design Trends for the Modern Home
    August 1, 2023
    40 Gorgeously Minimalist Living Rooms That Find Substance in Simplicity
    July 1, 2023
    14 Creative Kids Bathroom Decor Ideas
    May 28, 2023
    Simple Steps of Kitchen Remodeling
    May 21, 2023
  • Outdoor
    Outdoor
    Show More
    Top News
    Concrete Landscaping Ideas
    April 18, 2022
    Did You Know Miami Has a Vegan Food Hall? Neither Did We
    May 9, 2020
    Tips for Staging with Plants
    June 13, 2022
    Latest News
    5 Best DIY Landscaping Ideas
    November 22, 2022
    15 Fun Backyard Ideas That Kids Will Surely Enjoy
    November 14, 2022
    25 Chic Modern Outdoor Furniture Ideas
    November 7, 2022
    Small deck ideas: 31 budget decking designs for tiny gardens
    October 18, 2022
  • Lifestyle
    Lifestyle
    Show More
    Top News
    50% of Miami International Airport Passengers Likely To Return in 2020
    October 5, 2020
    12 Hidden Storage Ideas for Combating Clutter
    April 28, 2023
    Pérez Art Museum Miami Hails its Educational Efforts
    September 22, 2019
    Latest News
    The Best Basement Organizing Tips and Tricks
    January 6, 2024
    Top 50 Christmas Gifts for the Entire Family
    December 1, 2023
    Explore 41 Hilarious Thanksgiving Games for Family Fun in 2023
    November 4, 2023
    Top Halloween Decor Picks to Transform Your Home into Spooktacular Haven in 2023
    October 31, 2023
  • Real Estate
    Real Estate
    Show More
    Top News
    FHA and VA Loans Might Put Ownership in Reach
    June 9, 2020
    Seller Advice: Changing Real Estate Agents
    June 4, 2020
    6 Home Trends Buyers Love
    August 11, 2020
    Latest News
    What Are Your Real Estate Goals?
    January 2, 2024
    Two Ways Homebuyers Can Win in Today’s Market
    August 6, 2023
    Home Renovations for the Aging Population
    July 24, 2023
    The Benefits of Owning a Second Home
    July 6, 2023
  • Contact
Reading: County Set To Corner South Dade Transit
Share
0

No products in the cart.

Notification Show More
Latest News
The Best Basement Organizing Tips and Tricks
Organization
What Are Your Real Estate Goals?
Real Estate
Top 50 Christmas Gifts for the Entire Family
Lifestyle
Explore 41 Hilarious Thanksgiving Games for Family Fun in 2023
Lifestyle
Top Halloween Decor Picks to Transform Your Home into Spooktacular Haven in 2023
Decorate Lifestyle
Aa
Our Beautiful House
0
Aa
Search
  • Home
  • Decorate
  • Rooms
  • Outdoor
  • Lifestyle
  • Real Estate
  • Contact
Follow US
  • Blog
  • Complaint
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Our Beautiful House > Blog > Real Estate > County Set To Corner South Dade Transit
Real Estate

County Set To Corner South Dade Transit

Last updated: 2022/11/03 at 8:27 AM
By Stefan #TheListingBroker - Real Estate
Share
4 Min Read
SHARE
This image has an empty alt attribute; its file name is buying-a-home-1024x138.jpg

As construction for “Gold Standard” bus rapid transit on the South Dade Transitway gears up, Miami-Dade aims to clinch the use of 850 parking spaces on the line’s penultimate stop.

Commissioners are to consider a parking deal with Homestead Oct. 6, roughly a month after they OK’d a $368 million contract for construction of stations, roadway and intersection improvements and other enhancements for the 20-mile rapid bus project.

The agreement, sponsored by Esteban Bovo Jr., Daniella Levine Cava and Dennis Moss, would see the county pay Homestead $5.7 million for use of the spaces.

The city, in turn, must use the funds to pay costs and debt service for “eligible transit components” of Homestead Station, a 250,000-square-foot mixed development near city hall that includes a 1,100-space parking garage.

Homestead Station, which cost $42 million to build, a memo from county Deputy Mayor Jennifer Moon said, opened in October 2019. The station includes about 40,000 square feet of retail and dining and a 65,000-square-foot entertainment center with a movie theater and bowling alley.

Money for the county payment would come from a tax zone that commissioners created in 2018 to pay for transit upgrades along six commuting corridors identified in the Strategic Miami Area Rapid Transit (Smart) Plan.

Over 30 years, the Transportation Infrastructure Improvement District is expected to generate nearly $1.88 billion in tax revenue from real estate within a half-mile of the South Dade Transitway, Kendall Corridor, North Corridor, Northeast Corridor and Beach Corridor and within a mile of the East-West Corridor along SR 836.

The district’s creation marked the first transit-specific tax since voters approved the countywide half-penny tax. But unlike the half-penny surtax, the district will reroute some funds from other services in the county’s unincorporated areas, including police and roadway upkeep.



In a Feb. 6, 2018, memo to commissioners, Deputy Mayor Ed Marquez noted that other counties have successfully used transportation infrastructure improvement districts, which are similar in concept to community redevelopment areas (CRAs): “Revenue that is allocated through this methodology could make funding other services more challenging.”

The $5.7 million payment, if approved, would be the second allocation of funds from the district since its inception.

In accepting the money, Homestead would agree to make payments back into the district through the Homestead CRA, an extension for which the county administration is preparing.

Commissioners in September approved a design-build contract with OHL USA Inc. to redevelop the existing busway that mostly parallels US 1 for bus rapid transit.

Descriptions of the project include outfitting 45 intersections with crossing gate arms and traffic signal preemption and building 14 120-foot-long weather-controlled stations with center platform boarding, large overhead cooling fans, off-board fare collection, air conditioned vestibules, closed-circuit TV security, and basic amenities like bike racks and benches.

Once work begins, OHL has 880 days to finish it. That includes an 80-day contingency.


SIGNUP FOR NEWSLETTER

Credit: miamitodaynews

Stefan #TheListingBroker - Real Estate October 1, 2020
Share this Article
Facebook Twitter Email Print
How you feel with this article?
Love0
Happy0
Surprise0
Wink0
Sleepy0
Sad0
Angry0
By Stefan #TheListingBroker - Real Estate
Stefan is a Real Estate Broker and REALTOR® with over 8 years of professional experience. Prior to starting his real estate career, Stefan spent 11 years as a foreclosure defense and divorce attorney (quite a combo, huh)? Conducting a real estate business with a a diverse legal background has allowed him to gain unique experiences that make him a well-rounded resource for his clients. Stefan is a proud Florida State University alumni, having earthed his bachelor’s degree in Management, prior to attending law school.
Leave a review Leave a review

Leave a review Cancel reply

Your email address will not be published. Required fields are marked *

Please select a rating!

Our Beautiful House 

  • Home
  • Decorate
  • Rooms
  • Outdoor
  • Lifestyle
  • Real Estate
  • Contact
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Find Us on Socials

© 2022 by #TheListingBroker. All Rights Reserved.

✕

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?