Virgin Trains, Tri-Rail Roll Toward Real Estate Boom Linked to New Stations
Thousands of new homes and millions of square feet of new commercial real estate could rise across South Florida if Brightline and Tri-Rail station expansion gets on track.
September 23, 2019 at 06:00 AM
9 minute read
IF YOU BUILD IT ...
If they build around it, will the station come? Nowhere is this variation on the "Field of Dreams" line more applicable than in Hollywood. Tri-Rail has yet to move on its coastal link, yet the city issued a solicitation for developers to build University Station on 2.5 city-owned acres between Fillmore and Polk streets east of North 21st Avenue along the tracks. The city wants a mixed-use project that could accommodate a terminal and asked developers to partner with surrounding property owners on a bigger project. Poliakoff's clients, a partnership of Miami-based residential builder Pinnacle Housing Group and the Saada family, a big Hollywood landowner, are bidding. Some municipalities did their station and transit-oriented development studies in collaboration with Tri-Rail parent South Florida Regional Transportation Authority and the Stuart-based urban planning organization Treasure Coast Regional Planning Council. Delray Beach took a hard look at 1.5 city acres for a station and other new development in an area bounded by Atlantic Avenue, Northeast Second Street, Northeast Fourth Avenue and the tracks. Options vary from minimalist to fully built out. On the conservative end is a plan for four townhouses, a 112-space parking lot and 5,000 square feet of retail, according to an August 2018 master plan. A second option calls for 48 residential units, a 228-space garage, 21,500 square feet of flex space and 5,000 square feet of civic space. A third option calls for 33 residential units, a 146-space lot, 8,500 square feet of flex space and a rooftop garden or pool. A fourth option would stretch beyond city property to add 84 apartments, live-work units, a 254-space garage and 56,000 square feet of flex space. In Jupiter, a station would be south of Toney Penna Drive at Old Dixie Highway. A South Florida Regional Transportation Authority study in 2013 estimated a station could propel the development of 460 homes and 260,000 square feet of commercial development. Palm Beach Gardens in a September 2018 master plan picked a station site on the southeast corner of PGA Boulevard and the tracks at Design Center Drive. About 300 residential units and 10,000 square feet of retail could be built. Beyond the station, new development could rise at underutilized space at surrounding malls. Some of the parking lot at The Gardens Mall could become 250-300 townhouses and apartments as well as a theater measuring 10,000-20,000 square feet. Part of the Legacy Place shopping center could be developed with 150 townhouse and live-work units, 82,000 square feet of commercial space and a 250-space garage. Palm Beach Gardens also found an appetite for hotels, suggesting a 120-room hotel at Downtown at the Gardens and a 500-room hotel on vacant space at Loehmann's Plaza. Also at Downtown at the Gardens, 250-500 residential units and 100,000 square feet of office space could be added. At Loehmann's Plaza, up to 20 townhouses and 175 apartments are options. North Miami Beach originally favored a station west of the tracks at Northeast 163rd Street south of Snake Creek Canal. In a transit development master plan published in May, the city added possible alternatives at Northeast 161st, 159th and 151st streets. The city estimated 280 residential units and a 125-room hotel would be possible depending on the location. A station at 163rd or 161st streets has room for 20-story buildings, but a location on 161st Street would require the relocation of the Humane Society of Greater Miami.
The approved New North Town Center is a ready-made transit-oriented development planned near possible station sites at 159th and 161st streets. It will have 1,700 homes, 260,000 square feet of retail, a 175-room hotel and 120,000 square feet for educational use. Industrial properties would be reused if a station were added at 151st Street.
In its NoMI Station Square study in December 2018, North Miami conservatively estimated 3,000 new units for a station at 125th Street. Renderings show two new low-rise, mixed-use buildings, two residential buildings, a picnic shelter, tennis court and football field. The station could catalyze more six to 10-story mixed-use and residential buildings at MOCA Plaza and the Library Arts District.
The municipal work builds on studies and market analyses done by Tri-Rail, which in 2013 released overall projections of new development tied to stations looking ahead to 2015 to 2025.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllFowler White Burnett Opens Jacksonville Office Focused on Transportation Practice
3 minute readHow Much Coverage Do You Really Have? Valuation and Loss Settlement Provisions in Commercial Property Policies
10 minute readThe Importance of 'Speaking Up' Regarding Lease Renewal Deadlines for Commercial Tenants and Landlords
6 minute readMeet the Attorneys—and Little Known Law—Behind $20M Miami Dispute
Trending Stories
- 16-48. It’s Comp Time Again: How To Crush Your Comp Memo
- 2'Religious Discrimination'?: 4th Circuit Revives Challenge to Employer Vaccine Mandate
- 3Fight Over Amicus-Funding Disclosure Surfaces in Google Play Appeal
- 4The Power of Student Prior Knowledge in Legal Education
- 5Chicago Cubs' IP Claim to Continue Against Wrigley View Rooftop, Judge Rules
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250