Created to evolve with the community as it expands, the Magic City Innovation District – Little Haiti® has been planned with a phased development approach. This allows for scalable organic growth while allowing people, businesses and visitors to enjoy the District throughout the development process.
Over 370,000 leasable square feet of cutting-edge office, supporting retail and unique showroom space within a modern 12-story design. The tower will headquarter Motorsport Network, a leading international digital mediga group that reaches 4.3 billion people.
At the heart of the Magic City Innovation District – Little Haiti ® is a link to next-generation transportation providing connectivity and integration with local and state-wide railway stations. Commuters will have direct access from Aventura to Downtown Miami with connection to Fort Lauderdale, West Palm Beach and points beyond with convenience and ease. As the entire world continues to move towards sustainable transportation, the transit-oriented development aspect of the District promises steady accessibility for businesses and people who live, work, play, and visit this one-of-a-kind destination.
FUTURE MIAMI-DADE COUNTY COMMUTER RAIL-LINE FROM DOWNTOWN MIAMI TO AVENTURA
CONNECTS WITH EXISTING STATIONS IN MIAMI, FORT LAUDERDALE, AND WEST PALM BEACH
FUTURE RAIL EXPANSION TO INCLUDE CONNECTIONS TO ORLANDO AND TAMPA
AN EXPECTED $5 BILLION IN BUSINESS ACTIVITY PROJECTED OVER THE NEXT 10 YEARS
We are also committed to providing the right infrastructure to curate a community of businesses, makers and educators, who will develop a powerful, self-sustaining economic engine. The potential economic impact is limitless, but in an effort to quantify some of the benefits from our growing community, we completed an economic impact study from a leading independent advisor. These are some of the findings:
Upon stabilization, the District will generate more than $27 million in annual marginal property tax and sales tax revenue.
The District will provide significant community benefits, including a historic contribution package of up to $31 million in payments into the Little Haiti Revitalization Trust — a trust to be created and administered by the City of Miami to coordinate and support community revitalization efforts in Little Haiti. Among the trust’s priorities and programs are affordable housing and homeownership, community educational programs, local small business development, local workforce participation and hiring programs, community beautification projects, and the creation and improvement of public parks.
The District’s future residents, guests, hotel visitors, retail patrons, and office users will spend $188 million in annual expenditures, further stimulating the local economy.
The creation of 930 annual short-term construction jobs resulting in approximately $500 million in wages and expenditures.
The creation of more than 11,680 direct and indirect full-time jobs resulting in approximately $640 million in annual wages.
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you may contact us using the information below.
6161 NE 3rd Avenue Suite 3
Miami, Florida 33137
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