Joint Development

A key element in the Miami Intermodal Center's (MIC) Program is its Joint Development strategy. It has been established for the MIC to capture the economic development potential in the area.

When built out, it will help to offset capital and operating costs of the MIC. This development will also enhance the functionality of the MIC by encouraging ridership on the various methods of public transportation serving the MIC. At completion, approximately 75,000 passengers will use the MIC on a daily basis. Sixty percent (60%) or 45,000 of those users would be traveling to or from the Miami International Airport on the proposed people mover system that will connect the airport with the MIC.

The Joint Development component of the MIC Program consists of public and private ground lease development. It may use up to 1.4 million square feet of mixed-use development that may be built in conjunction with the Miami Central Station. Possibilities include: offices, hotel and meeting space, parking, ancillary retail and restaurants. The Florida Department of Transportation may either lease or sell these joint development parcels to Miami-Dade County with the Miami-Dade Aviation Department taking the lead with a developer.

Immediately east of the Miami Central Station may be the potential site for associated development. With up to an additional 4.5 million square feet of mixed-use development, possibilities could include: offices, hotels, retail and entertainment.

The Joint and Associated Development will offer a platform for a true public-private partnership where the MIC Program and private development are mutually supportive, creating transportation and economic opportunities that benefit the area.