Wynwood Business Improvement District moves to expand

Miami /
Jul.July 14, 2016 03:00 PM

The Wynwood Business Improvement District’s board of directors unanimously backed plans to increase the size of the special taxing district, during a meeting Wednesday.

The expansion aims to incorporate dozens of properties that were previously left out of the BID, including a few parcels controlled by Wynwood’s largest property owner Moishe Mana, who has plans to build a miniature city near I-95.

The expansion will add about $300,000 to the BID’s coffers, which will pay for security, lighting, sanitation, marketing, and other amenities. The three-year-old Wynwood BID, which is governed by area landowners, also helped create the guidelines for the Wynwood Neighborhood Revitalization District, which governs future development within the booming arts district.

The BID expansion is far from being a done deal. The Miami City Commission is scheduled to rule on the new Wynwood BID at its July 29 meeting. After that, 51 percent of the property owners within the new map’s boundaries would have to vote to be a part of the Wynwood BID. Those property owners will have a chance to cast ‘yes’ or ‘no’ ballots over the course of five months.

Albert Garcia, vice chairman of the Wynwood BID, is confident that most of the owners of properties previously left out of the district will now want to be included.

“There is strong interest,” Garcia said. “They want to receive our services, securing, and planning efforts.”


Related Articles

arrow_forward_ios
Moishe Mana and one of the properties that's located on Flagler Street. (Getty, Google Maps)
Moishe Mana expands downtown Miami assemblage with $27M purchase
Moishe Mana expands downtown Miami assemblage with $27M purchase
Robert Rivani of Black Lion Investment Group and Wynwood Arcade. (LinkedIn, Cushman & Wakefield)
Black Lion doubles down on Miami with purchase of Wynwood Arcade, Amara at Paraiso
Black Lion doubles down on Miami with purchase of Wynwood Arcade, Amara at Paraiso
Baia Beach Club owners Michael Liebowitz, Perry Weitz and Russell Galbut. (Baia Beach Club via Facebook, Harbor Group Consulting, Weitz & Luxenberg)
The Weekly Dish: Perry Weitz buys into Mondrian South Beach, Lagniappe owner acquires Edgewater property & more
The Weekly Dish: Perry Weitz buys into Mondrian South Beach, Lagniappe owner acquires Edgewater property & more
Asher Abehsera and Jonathon Yormak with 2400-2500 North Miami Avenue (Google Maps)
LIVWRK in contract to buy Wynwood assemblage from East End Capital
LIVWRK in contract to buy Wynwood assemblage from East End Capital
(Photos courtesy of Hitzig Militello)
Argentine architecture firm opening first U.S. office in Miami
Argentine architecture firm opening first U.S. office in Miami
Shari Neissani with The Collective Wynwood and Jorge Perez with Paseo del Rio. (Getty, LinkedIn via Neissani, The Collective, Paseo del Rio)
Miami board approves projects in Wynwood and Little Havana
Miami board approves projects in Wynwood and Little Havana
UOVO Founder Steven Guttman (UOVO)
UOVO scoops up art storage facilities in Miami, West Palm Beach in $50M buy
UOVO scoops up art storage facilities in Miami, West Palm Beach in $50M buy
Chef Jorge Kauam and 310 Northwest 25th Street 
Investors team up with pastry chef and chocolatier for planned Wynwood market
Investors team up with pastry chef and chocolatier for planned Wynwood market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...