Big changes are coming to Miami's transportation. The Florida Department of Transportation (FDOT) has now started working on an $800 million project that will transform Miami's skyline.
The crossway between the Mc Arthur, the I-95 and the 836, will face a major road project that started this week. This construction will completely renovate the current interstate highway.
This 4 years project, will push Miami's drivers to seat tight and wait for its completion. This means, that if you are a daily user of the I-395, I-95 and 836 highway, you will need to wake up earlier and prepare yourself for a longer ride.
What will be the impact on real estate? During the construction period, the commute between Miami and Miami Beach will be constantly delayed. This will clearly have a negative impact on condo sales especially in the Downtown area. Residents in condos such as Marquis, 900 Biscayne will defintely suffer when reaching their home . Investors will think about it twice before buying a unit in any of these condos as it implies they will have to wait hours to go to the airport, to Miami Beach and up North.
According to the first renderings, the bridge will be a beautiful piece of art that will clearly be a signature monument for Miami. The city's skyline will now have six iconic arches that have a different view from every angle you look!
But the big question now is, how is traffic going to be for the next years?
Even if it will redefine Downtown and Overtown Miami, it will also cause a lot of headaches to drivers. If you think there is heavy traffic nowadays in Miami, you will need to be patient as this new construction will cause lane closures for the next years. In February, median work will begin on the I-95, while in March and April, there will be permanent closures between NE 12 ST and NE 2nd avenue.
But the constructions don't end there, large un-occupied areas at the ground level of this bridge, will be now transformed into public spaces, such as a dog park, interactive playgrounds, children play area, gardens and even a 55 acres urban park.
However, it is important to see the bright side, as all these efforts will clearly make Downtown a more attractive place to live and will attract more tourism to Miami. We need to endure the construction phase but it is for the best overall.