HomeMy WebLinkAboutTab D2 - Economic Impact Bullet PointsBrickell City Centre SAP Amendment - 650 & AP blocks
Economic Impact Bullet Points
• 6,692 jobs will be created, including 4,036 construction jobs on the property,
during the period of time that the project is under construction and the workers
will earn a combined $354 million.
• 235 people will be employed upon completion and an additional 87 indirect and
induced jobs will be created.
• $544 million spent on hard and soft construction costs.
• $7.5 million in permit and impact fees to the City, including $3.7 million in parks
impact fees and approximately $551,000 in DRI fees.
• $5.44 million in annual property tax revenue to the City, an increase of 22 times
the current amount of property taxes generated.
• $4.9 million in impact fees and water and sewer connection fees to Miami -Dade
County.
• $1.5 million in impact fees to the School Board.
• $3.4 million in annual property tax revenue to the County's general fund and
debt service.
• $4.8 million in annual property tax revenue to the School District.
• $317,000 in annual property tax revenue to the County Children's Trust.
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