Miami 2020 – The future of Miami Page last updated March, 2017.
THE FUTURE OF MIAMI BEGINS HERE!
Investing in the Future of Miami today will not only ensure a booming future, but will boost the local economy many times over.
Top Ten Reasons to invest in Miami Real Estate?
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The Miami DDA has created an interactive map of early childhood centers.
The map showcases the location of preschools, daycares and childcare centers that are located within Greater Downtown Miami, along with a link to greatschools.org for further information on elementary, middle and high schools in the area. For more information and to view the map, click here.
Overall, the development and excitement that is brewing in Miami runs much deeper in providing a very bright and stable future for so many that will call this magic city home.
Historically, Miami has been renowned for its stunning beaches, international finance, and non-stop nightlife.
Today, however, people from all over the world are choosing Miami as the ultimate destination in which to live in terms of culture, industry, and entertainment. The city has been labeled as the Wall Street of the South for its business and commerce reach into Latin America, the Caribbean, South America, and beyond.
The best way to predict the future is to create it
– Abraham Lincoln
Behold the up-coming monumental projects that Miami will soon lay claim to:
The proposed Skyrise Miami will be a monumental 1000 ft hight, observation and entertainment tower.
As Seattle has the Space Needle. In St. Louis, they have the Gateway Arch. And it looks like SkyRise Miami is next. The The 1,000 foot observation tower will include an amusement-park style ride that quickly drops people down its side, a 550-foot bungee jump, a ballroom, moving movie theater and, because it’s Miami, a nightclub.
The upcoming 1 billion Brickell City Centre is going to be an economic catalyst, this mega project will feature feature 5.4 million square feet of office, residential, hotel, retail and entertainment space, in addition to a two-level underground parking garage that spans seven acres below the property. It features a progressive Climate Ribbon architectural that will provide innovative climate control so shoppers can walk in comfort between stores and restaurants.
Miami Worldcenter is one of the largest private master-planned projects in the United States, featuring 1 million square feet of shopping center, hotel, convention center and luxury residences. Click here for more information
In the neighboring Biscayne Bay corridor you’ll come across 1000 Museum, a true masterpiece envisioned by one of the greatest architects of our time Zaha Hadid. With its own helipad, this futuristic marvel will be the only one of its kind in the Western Hemisphere.
THE NEW MIAMI DESIGN DISTRICT
Not too shabby the New Miami Design District will bring unprecedented luxury street dining and entertainment to the streets of the Design District with a partnership between Dacra and LVMH.
The Miami Design District, a once-abandoned cluster of furniture warehouses is undergoing a rebirth and claiming its stake as one of the most important global design and fashion hubs showcasing stunning new storefronts housing the most luxurious names such as Hermes, Louis Vuitton, Poltrona Frau, Hermès, Cartier, Tom Ford to name a few.
More then 100 brands will have stores in the Miami Design District; all coming in 2015.
Craig Robins’s $320 million master plan to transform the city’s Design District into the neighbourhood of choice for luxury retailers. Importantly, the mixed-use neighborhood will blend commerce with culture, welcoming new restaurants — 15 to 20 over the next two and a half years — upscale condos, and 12 public art installations and much more. Click here for more information.
BAL HARBOUR SHOPS EXPANSION
Not to be outdone, Bal Harbor Shops was recently ranked the No. 1 mall in the world, according to Shopping Centers Today Magazine. Sales for the mall in 2012 hit a high of $2,555 per square foot, nearly seven times the national average.
For over three decades, the mall has operated at 100% occupancy, with a wait list to get in. Bal Harbor – owned by the Whitman family – recently submitted plans for a large expansion of 250,000 square feet.
The expansion would add about 20 new shops as well as increase the previous standard size for new retailers who would like larger spaces. The open-air center is aiming for a 2016 completion of the new plans. – www.balharbourshops.com
The recent additions such as The Perez Art Museum, the Frost Museum of Science, American Airlines Arena, Mary Brickell Village are just the beginning.
PAMM – PEREZ ART MUSEUM
BY HERZOG & DE MEURON
To get a mega dose of art and creativity, head over to PAMM – Perez Art Museum Miami, in the stunning Museum Park designed by renowned architects Herzog and De Meuron and set to open in December 2013. PAMM, with dramatic views of the bay and downtown, will be a 200,000 sq. ft. incubator of international art and educational programs.
MIAMI SCIENCE MUSEUM BY GRIMSHAW ARCHITECTS
Sharing the 40 acres of Museum Park will be the MiaSci – Miami Science Museum. This 250,000 sq. ft. of interactive space, designed by well-recognized Grimshaw Architects, will house a state-of-the art digital planetarium dome and interesting aquatic exhibits all set amongst lush tropical gardens that inspire a museum-going experience like none other. Click here for more information.
THE PANAMA EFFECT / PORT OF MIAMI EXPANSION
The multi-billion dollar expansion of the Panama Canal has many port-cities scrambling to prepare for the massive new ships. Miami was one of the first to receive funding and federal approvals, and has officially begun the $220 million dredge that will deepen the harbor to 50 feet.
The dredge, combined with a $2 billion infrastructure upgrade, will make Miami one of the first and only U.S. ports capable of housing the larger “Post-Panamax” ships, that carry two to three times the load of standard freighters.
PORT OF MIAMI $2 BILLION INVESTMENT
The $2 billion, under the oversight of PortMiami director Bill Johnson, to dredge the port (currently 42 feet deep) to a depth of 50 feet, installation of new cranes as well the construction of a tunnel connecting the Port to the interstate 95.
This will allow the port to receive post Panamax ships with capacity for 13,500 containers instead the usual ships with 4,500.
The Port of Miami Tunnel is a 0.75 mile (1.21 km) highway tunnel under Biscayne Bay connecting the MacArthur Causeway on Watson Island with the Port of Miami on Dodge Island.
ALL ABOARD FLORIDA PASSENGER TRAIN
The All Aboard Florida passenger train, which will start offering rail service between Miami and Orlando in 2018, along with The Port of Miami Tunnel project in late 2014, will relieve much downtown congestion and improve traffic in and around the city.
The upcoming high-speed rail service – All Aboard Florida – connecting Miami to other key Florida cities such as Orlando and Tampa, Miami now has the attention of the entire world for its ever-growing diversity, international cuisine, high-end shopping, and world-class entertainment…making Miami synonymous with cosmopolitan city living.
MIAMI ON THE NEWS
Brickell Magazine, January 2014, has put together a concise list of project selling today and about to be released on a map, highlighting a before and after scenario demonstrating the caliber of investment Miami is attracting.
This is just Downtown and Brickell neighborhoods but the most sophisticated and luxury projects are located in Miami Beach and Sunny Isles Beach.
This depiction of Miami’s skyline could become a reality sooner than you might think, and what’s on the horizon is sure to forever change the way the world looks at out metropolis.
Click below to view Brickell Magazine featured content about Downtown Miami and Brickell, a list of current and upcoming projects to be build in the coming years, although some of these projects are now under construction today. This is to give an idea of the endless opportunities available in Miami.