Broadway is the northern entrance to the City and flows through classic historic neighborhoods. Running parallel with the Intracoastal Waterway and just blocks from marinas, boat builders and related businesses, the Broadway corridor north 45th
Street is a great locale for the marine industry.
In early 2015, the CRA unveiled an exterior façade incentive grant program designed to spur economic development along the Broadway corridor. Property owners from 26th
Street – 59th
Street were invited to submit proposals for grant awards. Fourteen projects were awarded funding and have begun making improvements upgrading their buildings and properties.
The CRA kicked off the redrafting of BMUD land development regulations in June 2015. These proposed code changes will assist in attracting quality business opportunities and increasing residential values as well. Multi-family residential development is encouraged on the southern end of the corridor, with commercial sites being focused on the north. The CRA is developing a “road diet” with FDOT to reconfigure the roadway between 40th
Streets, to create a pedestrian and business friendly thoroughfare with a much higher walkability factor.