Little Haiti Will Soon Be Home To The Billion-Dollar Magic City Innovation District

nedjelja , 12.12.2021.

little Haiti neighborhood

The Miami City Commission will vote this Thursday on a billion-dollar real estate project in Little Haiti. The magic city innovation district, which will be headquartered at 6001 NE Second Avenue, is a massive development projected to take between 10 and 15 years to complete. According to its proponents the project is expected to create Little Haiti a global destination for travelers and artists as well as tech firms.

The city commissioners will be voting on the initial round of approvals of the project on Sept. 27. If it passes the project will need an additional approval on a different date.

The Magic City Innovation District is the most recent -- and arguably most radical real estate development that is being conceived within Miami's urban corridor to the east of I-95. It is a vast area of commercial, residential research, office, and entertainment space spread across 17 acres. It will cover everything from commercial to residential to parks and offices to trains and an attraction for tourists that Cirque du Soleil founder designed. The development follows a series of large-scale developments in Brickell, Wynwood and the Design District which have accelerated Miami's transformation into a global hub while worsening its affordability crisis and the income gap.

The Magic City Innovation District developers insist that they are trying to save and encourage one of Miami's impoverished neighborhoods, not to substitute for it.

According to Neil Fairman (chairman of Plaza Equity Partners) One of the Miami-based companies that are behind the initiative, "The entire Magic City Innovation District comprises only one and a quarter percent of Little Haiti." "It isn't 10% or 20. It is able to stimulate large areas of the area and provide jobs for people. It could also be the engine that pulls the Little Haiti train. The social infrastructure of the local community is robust. The intention is not to take away this culture. The intention is to enrich the culture."

The Magic City Innovation District stretches from Northeast Second Avenue east to Northeast Fourth Court/Florida East Coast Railway and Northeast 63rd Street south to Northeast 60th Street. The development spans seven blocks of the city . It will eventually include:

2.630 residential units. 14 percent of them are designated as housing for workers. 7 percent are affordable housing. The tallest building rises 25 stories.

# 432 hotel rooms;

# 2,000,000 square feet of office space, as well as 340,000 square feet of retail.

# 5,690 garage parking spaces

Four acres of space for openness that includes a pop-up park, featuring interactive and multimedia installations designed.

"We want to make the region more economically viable and improve the quality of life for everyone, while keeping Little Haiti's rich cultural heritage. The idea is to collaborate and to share a common sense of the project. Magic City Innovation District is an unifying project that has launched several initiatives to make it inclusive and accessible to everyone.

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