For Full Story: Miami Today
Article By: Jesse Scheckner
Miami-Dade will request development bids in the first quarter of 2019 for the Miami Intermodal Center near Miami International Airport to help turn it profitable, according to Alice Bravo, who said her department’s takeover of the multi-million-dollar transit hub has thus far gone “very smoothly.”
“There’s 7.8 acres of vacant land that we’re going to issue a [request for proposal] for transit-oriented development,” she said. “Just like the development at our Metrorail station, we hope it’ll increase ridership and generate revenue. The main thing is, we want to have uses there that are compatible with the airport.”
The county on Oct. 1 officially assumed control of the 25-acre center from the Florida Department of Transportation. Tenants include Amtrak, Tri-Rail, Greyhound, Megabus and the South Florida Regional Transportation Authority.
Ms. Bravo said the contracts for those tenants were turned over to the county, as were contracts for maintenance firms previously working for the state, which her department will continue using “until we [can] get our own.”
However, she said, no new tenants have come to the center, which costs about $2 million to operate but runs at a $1.87 million annual deficit.
Because the center is projected to lose money for seven more years, a memo from Deputy Mayor Alina Hudak states, the state has agreed to subsidize the county for the deficit until it breaks event.
Miami-Dade commissioners on May 15 unanimously approved resolutions permitting the county to take over the center after amendments allowed revenue to be used for county projects once it becomes profitable.