While debate continues over a 10-acre development centered around a 633-foot LED tower, support is growing among some local entrepreneurs and tech investors for the Miami Innovation District proposed for the Park West section of downtown.
Simkins wants to lure tech companies, such as Google and Facebook, here with floor plates of up to 200,000 square feet. “The Innovation District was master planned as a space conducive to how people are starting to and will be working in the future,” Simkins said.
SHoP Architects and West 8 in partnership with developer Michael Simkins, have proposed the construction of a four-block “Innovation District,” which incorporates urban density and modern amenities into its design.
Spearheaded by developer Michael Simkins and designed by SHoP Architects and West 8, the Miami Innovation District will host a mix of startups and small to large businesses and will seek to generate sustainable economic growth while complementing the local community.
According to a CBRE study, South Florida lags other markets for tech-talent growth. One of the reasons: lack of office space for tech-talent clustering.
"Innovation Districts: A New Geography of Innovation in America," a Brookings Institution report, reveals the global rise of innovation districts -- geographic areas where leading-edge anchor institutions and companies cluster and connect with start-ups, business incubators and accelerators.