NM
City of North Miami · CRARedevelopment Advisor & Projects · Miami-Dade
Delivered work
City of North Miami & the North Miami CRA · Prepared by BusinessFlare®

North Miami — A Multi-Year Redevelopment Partnership

For years, BusinessFlare® has served as the North Miami CRA's redevelopment advisor — rewriting the community redevelopment plan, structuring the finances behind it, and shepherding a portfolio of catalyst projects from downtown to NW 7th Avenue.

Redevelopment advisorCRA plan author · project & finance lead
~3,250 acresthe CRA — roughly 60% of the city
2044CRA sunset (extended)
Overview

One advisor, one district, many moving parts

The North Miami CRA is an independent agency created in 2004 to reverse slum and blight across the older core of the city. BusinessFlare® serves as its redevelopment advisor — the through-line connecting planning, finance, engagement, and deal-making across a large, aging district that covers roughly 60% of North Miami.

The work spans a full spectrum: authoring the community redevelopment plan, building the CRA's financial and TIF model, running market and economic analysis, negotiating incentive agreements with developers, and advancing specific catalyst projects like the downtown P3, the NW 7th Avenue 'Music City' corridor, and a transit-oriented mobility hub.

The relationship

BusinessFlare® acts as the North Miami CRA's redevelopment advisor and staff extension — leading the agency's plan updates, financial projections, market research, developer negotiations, and public engagement, while managing a running portfolio of capital and private redevelopment projects across the district. It is an ongoing partnership, not a single deliverable.

~3,250acres in the redevelopment area
~60%of the City of North Miami
12+priority public & private projects
2044CRA sunset year
Visuals

The redevelopment area

The North Miami Community Redevelopment Area (~3,250 acres, roughly 60% of the city), from I-95 to Biscayne Bay. BusinessFlare® / Esri.
The North Miami Community Redevelopment Area (~3,250 acres, roughly 60% of the city), from I-95 to Biscayne Bay. BusinessFlare® / Esri.
The work

Explore the engagements

An ongoing advisory relationship, plus the standalone projects it has produced.

As redevelopment advisor to the North Miami CRA, BusinessFlare® provides continuous support across planning, finance, research, engagement, and implementation — turning the CRA's goals into projects, agreements, and revenue, and keeping the redevelopment program moving toward the CRA's 2044 sunset.

What it includes
  • Board advisory and priority-project tracking across 12+ public and private projects
  • Tax-increment (TIF) modeling, budget projections, and a multi-year redevelopment finance program
  • Market and economic analysis (ESRI, Placer.ai foot traffic, MLS, census, migration data)
  • Public engagement — stakeholder meetings, multilingual community surveys, and workshops

BusinessFlare® authored and designed the North Miami Community Redevelopment Plan Update — revising the agency's original 2005 plan and its 2008 and 2016 amendments. The plan re-sets redevelopment priorities, maps catalyst projects, and organizes goals around a circular 'live, work, create, play' economy model.

Highlights
  • Updated boundary map, priority-projects map, and redevelopment concept diagram
  • Redevelopment goals across economic development, housing, infrastructure, and transit
  • Chapter 163 statutory checklist and authority-to-redevelop documentation
  • Background economic conditions analysis and summary of public input

BusinessFlare® supported the CRA on the downtown public-private partnership to redevelop the City Hall / MOCA area into a mixed-use 'NoMi City Center' — producing the downtown vision, running due diligence on the public parcels, and positioning the agency to evaluate a developer proposal under Florida's P3 statute.

Highlights
  • A 'Revitalization of Downtown North Miami' vision that seeded the P3 process
  • Site due diligence — appraisals, boundary/topographic surveys, and parcel fitment
  • Financial feasibility, construction-cost, and parking studies for the downtown blocks
  • A framework for a mixed-use hotel, residential, retail, and structured-parking district

BusinessFlare® shaped the redevelopment strategy for the NW 7th Avenue corridor, building on its existing cluster of recording and rehearsal studios and music-related businesses — positioning North Miami as a 'Music City' creative-industry district anchored by entertainment uses, public-space investment, and a distinctive place brand.

Highlights
  • A 'Music City' place-brand concept anchored in existing music-industry assets
  • A corridor strategy linking music, entertainment, and creative endeavors
  • Public-realm and streetscape investment tied to the CRA program
  • Foot-traffic and market analysis identifying NW 7th Ave and downtown as top activity nodes

BusinessFlare® advanced a mobility-hub / transit-oriented development concept for the CRA, pairing structured public parking with the city's transit-station overlay to support downtown redevelopment, with site fitment studies integrated into the surrounding downtown catalyst projects.

Highlights
  • TOD site fitment and layout studies for the downtown mobility hub
  • Alignment with North Miami's transit-station overlay code
  • Structured public parking to support downtown redevelopment
  • Coordination with the broader downtown P3 and parking-garage projects

BusinessFlare® manages the CRA's tax-increment incentive program and negotiates the agreements behind private catalyst projects — running proformas, market studies, and TIF projections for specific developments, and maintaining the redevelopment finance plan that funds the district's growth.

Highlights
  • TIF incentive program design and grant-agreement structuring
  • Deal-level proformas, market studies, and TIF projections (e.g., 475 NE 125th Street)
  • A multi-year redevelopment finance program for the CRA board
  • A catalyst-project pipeline including residential, mixed-use, and affordable housing
By the numbers

Key points