What NRD Means for Wynwood Retail
MIAMI—As Miami’s Wynwood neighborhood continues to progress as a
center for art, entrepreneurship and creativity—the City of Miami
Commission has voted to approve the Wynwood Neighborhood Revitalization
District (NRD) Plan. The next step towards implementation of the Wynwood
NRD Plan will be a second reading vote by the Miami Commission in
September.
GlobeSt.com caught up with David Polinsky, a Wynwood
Business Improvement District (BID) board member and planning committee
chair, to talk about how the plan will impact retail, parking and more
in part two of this exclusive interview. You can still read part one: Why Wynwood Will Boom Even Louder.
GlobeSt.com: Will the NRD plan affect retail development? How?
Polinsky: The new regulations promote the use of ground floors for commercial retail
activities. The plan also allows for manufacturing-enabled retailers
throughout the district similar to existing mainstays like Panther
Coffee and Zak the Baker.
Authentic, independent retailers do very well in Wynwood and fit in
with the neighborhood’s innovative and creative vibe. The Wynwood NRD
Plan will ensure that those characteristics are preserved, while also
bringing in new residents that will add a built-in customer base for
existing and new retail establishments.
GlobeSt.com: How will the plan address parking in the area?
Polinsky: The NRD plan encourages a centralized
parking system that consolidates parking and fosters pedestrian
activity. The plan allows residential developers to provide one parking
space for units of less than 650 square feet, which is a lower parking
requirement than for larger units. Parking will have to be available
either on-site or at off-site parking structures within 1,000 feet of a
proposed development’s location.
GlobeSt.com: Explain how the NRD Plan will bring additional funds for improvements to Wynwood.
Polinsky: The plan calls for the formation of the
Wynwood Public Benefit Trust Fund (WPBTF), which will ensure that
additional money collected from new developments in Wynwood is used for
improvements within the neighborhood. Money collected from bonus height
and increased lot coverage will go towards area improvements including
public spaces, parks, and civic spaces.
http://www.globest.com/news/12_1160/miami/development/What-NRD-Means-for-Wynwood-Retail-360127-1.html
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