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HomeMy WebLinkAboutStaff Report and Business Impact Statement• E CO • 2 0 ›N o Planning Department Staff Report and Business Impact Statement Transit Station Neighborhood District Purpose: The proposed ordinance creates a new program in Miami 21 called "Transit Station Neighborhood District". The ordinance will facilitate the development of Transit Oriented Developments around existing and future fixed -rail transit stations should the property owners choose to amend the Future Land Use Map from their existing designations to "Transit Oriented District Node." Applicants enter the program via process of a Warrant or exception. Both application types require significant Public Benefits. Estimated Direct Economic Impact: • Since the ordinance would introduce a new program for property owners to opt into, there is no compliance cost; there are application fees should a property owner decide to apply. • No charges or fees will be imposed on business • The Planning Department estimates the municipality's regulatory costs will be similar to the existing costs for administering similar programs. Estimated Number of Businesses to be Impacted: No businesses will have a compulsory impact from the ordinance. Additional Information: Recommendation: Approval