Miami's Botched Foreign Trade Zone Development

What could have been an economic development homerun for Miami's Wynwood neighborhood has turned out to be a miserable failure. Nonetheless, hope remains that new ownership can restore the site's promising potential.

"Behind wide-open gates, the big warehouse and office building -- the product of millions of dollars in public investment -- stands empty and trashed, windows busted out, covered in graffiti, stripped by vandals of anything of value.

This is all that remains of the Wynwood Foreign Trade Zone, a commercial project whose sponsors once pledged 3,000 jobs for a struggling community. It never got off the ground, done in by 17 years of infighting and a skein of lawsuits steeped in claims of ethnic discrimination.

Now the bankrupt nonprofit group behind the trade zone stands to receive a multimillion-dollar windfall from a project that by any measure has been a rotund failure."

Full Story: Failed Wynwood site attracts bids

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95
Book cover of Contemporary Debates in Urban Planning

Contemporary Debates in Urban Planning

Featuring thought-provoking commentary and insights from some of the leading thinkers and practitioners in the field.
$18.95