Flagler Street has always been the Downtown’s crowning jewel. Unfortunately, this fraying main street requires a little boost. A lot of people seem happy to jump into this project. The local government is pumping $13 million to revamp the street. Their goal is to make the sidewalks more pedestrian-friendly by installing lighting and blacktop and planting shade trees.
Private investors, on the other hand are snatching up real estates in that area for a large sum of $250 million. Both are well aware of the opportunity that lays in Flagler Street. Flagler Street is nestled near the bustling Miami-Dade County Government Center and the long awaited Brightline Train Station.
This transformation will allow Flagler Street to become a bustling live/work/play avenue, which serves spaces for retail, office, and residential which is a far cry from its sister neighborhood in Miami Beach, Lincoln Road. Locals are optimistic that the improvements will attract business people during the day and residents enjoying an evening meal or stroll.
Below are some of the new constructions and revamps on Flagler Street:
Miami Central – Development of over six downtown city blocks delivering true mixed-use of urban experience. This will include a new train station, over 800+ rental residences completed with urban offices, transit hubs to metro rails and the city’s first food hall experience.
Alfred I. DuPont Building – Complete restoration on the interior of the 17 stories historic building. Renovation ongoing on the exterior storefronts along Flagler Street and Southeast Second Avenue. New tenants will include a cocktail lounge, entertainment and restaurants.
New construction is also booming in the area. It caters business people who are attracted to the financial center of Miami, Brickell City Center but also second home buyers who want to be in the heart of Miami. Luxurious condominiums such as One Thousand Museum and Aston Martin Residences are developed in Downtown to fulfill this demand.
This new revival add to the existing multiple attractions such as the American Airlines Arena, Adrienne Arsht Center for Performing Arts, the Perez Art Museum Miami and the Phillip and Patricia Frost Museum of Science which ensure a stream of visitors all year round.