Prospectus

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Goals

The Initiative has seven goals:

1. Provide ready job access to the entire South Florida region: 79th Street's transportation system links the community to Downtown Miami, Miami International Airport and all of the major urban areas in Broward and Palm Beach Counties. More jobs are readily accessible by public transportation from 79th Street than from any other location in the South Miami region.

2. Expand opportunities for homeownership: Just as homeownership is one of the community's stabilizing factors today, a future community with even higher levels of homeownership will encourage community participation and wealth creation.

3. Facilitate the expansion of commercial activity in the Corridor to provide access to needed goods and services, create new jobs, and expand entrepreneurial opportunities. 79th Street residents today lack the retail and other services that their collective buying power can support. Providing these goods and services will make the community more attractive and provide needed jobs.

4. Strengthen the neighborhood's accessibility to and focus around public transportation. 79th Street has unparalleled transportation services, but the community is not yet designed to maximize that asset.

5. Ensure the ability to live well without a car: Car ownership is very expensive for everyone, but particularly burdensome for low- and moderate-income families. 79th Street's transportation services give residents the realistic chance to live well without owning a car.

6. Implement "green infrastructure" -- low cost, appropriate-scaled and environmentally friendly solutions to basic needs: Much of the 79th Street area is serviced by septic systems and inadequate stormwater drainage. This lack is also an opportunity to create new, lower cost, appropriately scaled infrastructure that works with, rather than against the environment, and provides other benefits, such as open space and trees.

7. Respect the environment: The 79th Street Corridor was built on wetlands and, in parts, pine forests. The project will respect the natural systems that underlie current development patterns. Future development will seek to enhance those features with development patterns and technology that can work with the forces of nature and contribute to the well being of the area's ecosystem.