Downtown Coral Gables Streetscape Project Moves Forward
On August 26, 2014, the City of Coral Gables Commission approved the multi-million dollar Miracle Mile and Giralda Streetscape Improvement Projects. The conceptual design of the Streetscape Project will provide wider sidewalks, public art displays and open plaza areas along Miracle Mile to create a pedestrian friendly area and encourage more foot traffic. During certain times of the day and night, bollards along Giralda Avenue will be raised making it a pedestrian-only zone.
The streets along Miracle Mile and Giralda Avenue will feature improved urban lighting, tree grates, benches, kiosks, better signage for businesses and parking garages, more welcoming connections to garages and alleyways and permanent valet stations.
The use of the centralized valet parking system will be enhanced and expanded allowing visitors to drop off their car at any of the valet stations within the Business Improvement District and retrieve it from the station of their choice. The Streetscape Project will add pull-in and pull-out valet stations that will provide cover to people waiting for their vehicles when it rains. The Streetscape Project also includes bringing the sidewalks to grade and will improve water drainage into the city’s existing drains.
Construction by the City of Coral Gables will be phased and will be done one block at a time after evaluating the merchants’ needs and peak times for business. Nighttime construction is being considered to expedite the length of the construction. An RFQ for Streetscape design services is being prepared by the City.
To finance the project, the City of Coral Gables will issue a General Obligation Bond to fund the costs of the Miracle Mile and Streetscape Projects. Benefitting BID Property owners are being assessed 50 percent of the cost spread over a 20-year period. Pre-payment options will be available for property owners and the City of Coral Gables is currently reviewing subsidies and alternative sources of financing to possibly reduce property owner assessments and offset the cost of the construction.
Here is a link to view all the documents from the City’s commission meeting.
Link to view the video of the Commission meeting: http://coralgables.granicus.com/MediaPlayer.php?view_id=4&clip_id=637&meta_id=28265