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Deal in Miami could bolster working waterfront - Trade Only Today

Deal in Miami could bolster working waterfront

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Years of battling over the future of a significant portion of the Miami River could be drawing to a close under a pact between activists and the city that would preserve the working waterway, while making it harder to build condominiums on its banks.

If approved by the state and adopted by the city commission, the agreement would mark a turnaround from years of policy under former Miami mayor Manny Diaz, whose administration sought to transform the river into a high-rise residential corridor within city boundaries, The Miami Herald reports.

Under the agreement, which the city commission gave a preliminary green light to Thursday, the city would enact explicit protections in its comprehensive development plan for existing maritime businesses along the river with a goal of protecting and expanding its marine and industrial economies.

The plan would raise the bar for rezoning remaining industrial parcels while requiring the city to foster creation of new maritime businesses and jobs.

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