Miami-Dade County officials could enter serious negotiations with developers to build a $1.1 billion cargo hub in a multistory building at Miami International Airport.
The Miami-Dade Airports and Economic Development Committee on Jan. 11 will consider a resolution to enter into direct negotiations with Woodlands, Texas-based CCR USA Airport Management and Scottdale, Georgia-based AIRIS USA LLC for their patented “Vertically Integrated Cargo Community” (VICC). The measure could go before the full County Commission on Feb. 1. The parties submitted an unsolicited proposal to the county in October 2020.
South Florida’s industrial market fundamentals, particularly for bulk warehouse space, blew through the third quarter of 2021 on strong leasing demand and new construction
The region’s healthy consumer market and growing population helped push investor and occupier confidence in the industrial market, which is likely to continue through 2022.
Miami-Dade County’s new political landscape faces a familiar controversy in the coming weeks: whether to “hold the line” on urban expansion or allow millions of square feet of new development to take over existing farmland.
A push by developers to expand Miami-Dade’s Urban Development Boundary for a project near the Homestead Air Reserve Base is making its way to a county commission where six of the 13 members are newcomers. Continue reading