HomeMy WebLinkAboutSubmittal-MIC Program Quick Glance Fact SheetFIFI.D OFFICEc
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Miami Intermodal Center
MIC Program Quick Glance Fact Sheet
Updated: August 1, 2007
Submitted Into the public
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Priscilla A. Thompson
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A program of Ifie
Department or iransportaaon
The Miami interrnodal Center (MC) will provide connectivity for residents and visitors of Miami -Dade County and the
South Florida region, where none existed, between the transportation systems in the Palm Beaches, Fort Lauderdale,
Miami, and the Florida Keys, as well as decongest the streets in and around the busy airport_ The MIC will provide
safe and efficient transfers for users of various rail systems, buses, taxis, rental cars, privately owned automobiles,
bicycles and pedestrians. Additionally, by consolidating rental car functions offsite, the MIC will absorb a great deal of
the vehicular traffic that today congests the roadways accessing the airport terminals.
Major Components Completion by
2011:
• Right -Of -Way Acquisitions (.ROW
• Roadway Improvements
• Rental Gar Center
• MIA Mover
• Miami Central Station - Phase l
_ Joint Development
Right -Of -way — Completed
• 81 Parcel Acquisitions, approx. 141 acres total
• Appraisal, Acquisition, Relocation and Property
Management
Roadway Improvements— 2008 Completion
• Completed in 2002
• Internal Roadways
• Underway
• LeJeune Road Reconstruction
• WC Terminal Access Roadways
• MIC-MIA Interchange
Rental Car Center-- Spring 2010 Opening
• Foundation & tunnel work complete; pouring of
columns began July 30, 2007
• 3.4 million square feet
• 4 levels, each 20 ae.res in sae (Approx. 8 square
city blocks)
• 6,500 Total Gar Capacity Allocation
• Ready3Retuni Area, Quick Tura -Around (QTA) Area,
Fleet Storage, Customer Service Area
• 1�` multilevel fueling system, in the US
Miami Central Station — 2011 Completion
• Site lies on 27 acres
• Transportation and Joint Development Facilities
• Rail - Tri-Rail, iMletrorail, Amtrak
• Bus Depot - Miarni-Dade Transit, Greyhound,
Courtes i Buses
• Bicycle and Pedestrian Facilities
• Taxis, shuttles, private passenger vehicles and
parking (based on demand)
MIA Mover (County contribution by Miami -Dade
Aviation Department) — Spring 2011 Opening
• Automated people mover, connect• _1 the MIC to
Miami International Airport (MIA)
• FDOT constructed guideway foundations and will
build its ` O00 sq.ft_ station at the MIC
Joint Develaprnent — for up to 1.4 M sq.ft. at the M?C
• Potential for Office Space, l-lc. /Conferen:ce
Center, Ancillary Retail, and Parking (based Cr!
demand)
• Associated Development - Up to 4.5 M sq_ft, of
future associated development directly east of the
Mi+C
• FDOT may lease or sell joint development parcels
to the County (((DAD taking the lead with a
developer)
Economic Development
• Est 76,000 construction jobs & 22.,000 permranent
jobs throughout the life of the MIC Program
(planning, construction & operations)
• Located in Federal Empowerment Zone and State
and County Enterprise Zone
Major Funding Sources for the MIC's $1.4 Billion
Program Cost:
• Federal T IFIA Loans
• 1s1 $2S9M — has been prepaid & replaced with
a FDOT STTF Loan
• 2'6 $27OM - $1 T OM approved, $ i OOM
requested
• CountyfMDAD contributions
• Transportation funding prioritized by MPO
• Miami -Dade Expressway Authority
• Private sector contributions
• CFC's, Leases, and Contingent Rent
• FDOT SIBS Loan
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