Construction has been stopped on Downtown Miami's redevelopment of Flagler Street, a project which has seen over 7 years of planning, to discuss pivoting to a new plan proposed by Moishe Mana. Mana, one of Downtown Miami's major land holders, has proposed a new for the the transformation of Flagler Street. Mana is calling for a "curbless" street with no raised sidewalks in addition to the removal of on-street parking. The changes would allow for a pedestrian friendly outdoor, high-street retail concept with outdoor restaurant seating and entertainment. The streets would also include lush landscaping and bollards for pedestrian safety. Changes to the original plan would cost Miami-Dade tax payers $6 million with funding coming from city, county, DDA and private investors but should the project get delayed county funding may be pulled. Construction is anticipated to take between 36-42 months.
Real Estate Development News
