![\"\"](\"https:\/\/64.70.41.242\/wp-content\/uploads\/sites\/46\/2010\/01\/Alyce-Robertson.bmp\" "\\"Alyce")
<\/a>Miami\u2019s commercial real estate sector is intently focused on a recent court ruling that rejected the planned development of a Lowes hardware store outside Miami-Dade County\u2019s Urban Development Boundary (UDB), our line of demarcation for westward sprawl. Essentially, commercial and residential developers are pushing to expand the boundaries while environmentalists and advocates of sustainable growth favor holding the line in place.<\/p>\nAnother planned development that would require moving the UDB \u2013 this one a large-scale residential community \u2013 is still awaiting a decision from the court.<\/p>\n
Unlike many U.S. cities, Miami evolved after the arrival of the car, a factor which has had a profound impact on our urban development and exacerbated our susceptibility to urban sprawl. The last 30 years have seen residents populate the western and southern reaches of our County in droves.<\/p>\n
But the psyche seems to be changing as people migrate back to our urban core. Since 2000, our Downtown population has grown by more than 50%, and another 15,000 people are expected to move in over the next few years. They are drawn to Downtown Miami\u2019s new residential infrastructure, waterfront location, entertainment and cultural destinations, active nightlife, existing commercial base, public transit system, and wealth of employment opportunities.<\/p>\n
Recognizing this renewed interest in urban living, commercial developers should seek opportunities for infill development in our existing communities, many of which are among the area\u2019s most desirable neighborhoods.<\/p>\n
We have already seen progress in Downtown Miami, which has been the target of more than $13 billion in investment in recent years, including dozens of residential high-rises, two million square-feet of commercial office space set to come online in 2010, and a number of mixed-use projects.<\/p>\n
Going forward, Miami\u2019s civic leaders, business community, and commercial developers must continue to support sustainable development. We can start by expanding and revitalizing our existing urban areas, and that requires concentrating our efforts on this side of the line.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
\u00a0 Miami\u2019s commercial real estate sector is intently focused on a recent court ruling that rejected the planned development of a Lowes hardware store outside Miami-Dade County\u2019s Urban Development Boundary (UDB), our line of demarcation for westward sprawl. Essentially, commercial and residential developers are pushing to expand the boundaries while environmentalists and advocates of sustainable…<\/p>\n","protected":false},"author":443,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[39372],"tags":[],"class_list":["post-1004211384","post","type-post","status-publish","format-standard","hentry","category-cpe-blog"],"acf":[],"yoast_head":"\n
With Migration Back to Urban Core, Miami Sees Opportunity for Revitalization, Sustainability - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/with-migration-back-to-urban-core-miami-sees-opportunity-for-revitalization-sustainability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With Migration Back to Urban Core, Miami Sees Opportunity for Revitalization, Sustainability\" \/>\n<meta property=\"og:description\" content=\"\u00a0 Miami\u2019s commercial real estate sector is intently focused on a recent court ruling that rejected the planned development of a Lowes hardware store outside Miami-Dade County\u2019s Urban Development Boundary (UDB), our line of demarcation for westward sprawl. 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