The ordinance will help bring more residential density to the various SMART Plan corridors to create new connectivity options for the residents of Miami-Dade to our transit system. This density could include new residential and mixed-use developments, affordable and workforce housing, and hubs for work space. In addition, the ordinance would help increase the contributions to the recently created tax increment financing (TIF) district to reinvest dollars into the transit system. This type of smart development will not only provide new areas for residents to live, work and play, but will help alleviate development pressure on the Urban Development Boundary (UDB) to make our community more resilient.
“The adoption of this ordinance is another step in the right direction for the success of the SMART Plan in Miami-Dade County,” Chairman Bovo said. “I believe that with increased densities along the various corridors, we will incentivize the needed development and ridership for our transit system, thus cutting down on traffic impacts that plague our residents.”