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Hialeah Industrial Site Could Be Rezoned For Multifamily

A warehouse in Hialeah could be rezoned to spur multifamily development near a public transit station.

The 8.27-acre site at 1101 East 33rd St. has a 159,000-square-foot warehouse constructed in 1956. It’s seven blocks north of the Tri-Rail/Metrorail transfer station, where the regional rail transit connects with Miami-Dade County’s primary public rail system. It’s also near an Amtrak station.

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South Florida Industrial Market Continues Its Evolution

More than 3.4 million square feet of industrial and flex space is currently under construction in Miami-Dade County, and an additional 50 million square feet of industrial space will need to be constructed over the next five years to meet the region’s population growth, according to research from Colliers International South Florida.

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Why Multi-Story Industrial Assets Might Be In The Future For Dense U.S. Cities

Multi-story warehouses are already common in Asia, but the concept is now taking off in supply-constrained American cities.

Four multilevel projects are currently under construction or will soon break ground in Seattle, San Francisco and New York City, and many more planned projects will be announced in the coming months, according to Rob Kossar, vice chairman and head of the Northeast industrial region at real estate services firm JLL.

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