Unlocking the Potential of Residential Density Increase Areas Overlay (RDIA)
Unit Density Overlays significantly alter the landscape of residential zoning. In the City of Miami, depending on the property's location within the Residential Density Increase Areas Overlay (RDIA), unit allowances can increase almost sixfold compared to base zoning. RDIA's scope extends east of I-95, from south of Brickell to north of the Omni.
The Impact of RDIA on T6 and CI-HD Zoning Districts
RDIA primarily affects zones beginning with T6; technically, it also influences CI-HD zones, although none currently exist under this overlay area. The foundational density rule for all T6 and CI-HD zones is 150 units per acre. However, within the RDIA overlay, this could escalate to as high as 1,000 units per acre, depending on the specific location.
Exploring the Depth of District Densities for Investment Opportunities
In the coming days, I will delve deeper into different districts, ranging from the lowest to the highest densities, to identify viable investment opportunities. Concurrently, we'll explore potential barriers preventing us from maximizing this overlay's full development potential.
More will be revealed,
About Deepblocks:
Deepblocks is state-of-the-art data-driven software that utilizes artificial intelligence to identify the best investment opportunities. Deepblocks digitizes zoning data with precision and provides a comprehensive understanding of city-wide development capacity down to the parcel level. Our GIS-like interface seamlessly integrates demographics, economics, construction activity, crime, ownership, and race to deliver rapid market and site selection capabilities, saving time and effort. Whether you’re a developer, investor, or real estate professional, Deepblocks is the ultimate tool to make informed decisions and stay ahead in the industry.
Learn more: https://www.deepblocks.com/