Transit Pointe Hialeah Update 05/24/24

Colliers Lists Prime Transit-Oriented Development Opportunity in Hialeah

 

 

Colliers is proud to present Transit Pointe Hialeah, a premier transit-oriented development (TOD) opportunity situated adjacent to the bustling Hialeah Tri-Rail/Metrorail Transfer Station. This development is poised to capitalize on South Florida's vibrant transportation network, offering unparalleled connectivity and the potential for significant high-density development. The offering includes two parcels: the West Parcels, encompassing 0.87 acres with a 0.64-acre Tri-Rail parking lot and a 0.23-acre vacant lot, benefit from Hialeah's TOD zoning overlay permitting up to 125 dwelling units per acre and building heights ranging from 3 to 15 stories; the East Parcel, approximately 50,837 square feet, is zoned for mixed-use projects allowing up to 60 dwelling units per acre, in line with Miami-Dade County's TOD overlay due to its proximity to transit stations.

 

In 2023, the adjacent station emerged as the second busiest in the Tri-Rail network, recording 292,687 passengers, underscoring its pivotal role in regional transportation. It provides seamless access to Miami International Airport and downtown Miami via Tri-Rail, Metrorail or Miami Dade Transit bus routes. The site's appeal is further enhanced by the proximity to Hialeah Hospital, upcoming residential projects, and its location within a rapidly developing area. The Hialeah Transit Oriented Development Plan aims to transform Hialeah's warehouse districts into vibrant, mixed-use communities, emphasizing workforce housing, job creation, and dense urban living. This plan, coupled with the site's strategic location and zoning advantages, positions Transit Pointe Hialeah as an ideal site for transit-oriented mixed-use or residential projects that will contribute to the dynamic growth along South Florida's Rail Corridor. This opportunity represents a strategic investment for developers and investors looking to play a part in shaping the future of urban development in South Florida.

Photo: Colliers

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