Fast Facts
  • Miami DDA Area: 1.7 Square Miles
  • 2011 Population: 71,600
  • 2011 Daytime Population: 200,000
  • 2016 Projected Population: 85,000
  • 22,785 Residential Units Built Since 2003
  • 18.6 Million Sq. Ft. of Office Space
  • 6,789 Hotel Rooms
Demographics

Downtown Miami Economic Incentives

Miami-Dade County Economic Incentives
Find the areas within our district that have been designated as having economic development priority through the Miami-Dade County's interactive Economic Incentives Map.

Miami DDA Sponsored Incentives

Coffee ShopSolid Shutter Removal & Facade Improvement Grant Program
The Solid Shutter Removal & Facade Improvement Grant Program provides grant funding for qualified exterior improvements. The goal of the program is to improve the physical environment and enhance the overall perception of the district, while supporting increased economic activity and investment.  These incentive programs are funded by the Miami Downtown Development Authority (Miami DDA) and administered by the Downtown Miami Partnership (DMP). Applications are reviewed by an independent committee. 

The Solid Shutter Removal Program provides 100% grant funding for the removal of solid metal shutters in the target area.

The Façade Improvement Program is a matching grant program requiring a dollar for dollar (50%) match funding from the business owner on qualified exterior improvements to commercial buildings and properties.

Download Program Guidelines Adobe
Download Program Application Adobe

Other Economic Incentive Programs

Southeast Overtown/Park West & Omni CRA Building Rehabilitation Program
Funded by Miami's Southeast Overtown/Park West and Omni Community Redevelopment Agencies (CRA), this program assists properties and businesses with exterior improvement funding up to $65,000 with a matching grant.
Download Program Guidelines Adobe

City of Miami Business Incentives
The City of Miami Economic Initiatives department provides a range of services and resources to businesses.  For more information, please visit the City of Miami Business Initiatives.

Miami-Dade County & State Incentives
As Miami-Dade County's official economic development partnership, The Beacon Council is charged with bringing new, job-generating investments to the community, while assisting existing businesses in their efforts to expand. By doing this, The Beacon Council facilitates the creation of quality jobs for each and every resident of Miami-Dade County.

Since its creation in 1986, The Beacon Council has assisted over 750 companies locate and expand, helped create more than 75,000 direct and indirect jobs, retained more than 15,000 jobs, and brought more than $2.7 billion in new capital investment to our community. For more information, please visit The Beacon Council.

Enterprise Zone
The Miami DDA works with City of Miami and Miami-Dade County governments as partners in offering a range of financial incentives that encourage targeted investments in the Enterprise Zone areas. As custodians for downtown, Miami DDA will help businesses navigate and understand the market potential of the various sub-districts as well as to identify investment/acquisition opportunities. For more information, please visit City of Miami's Enterprise Zone.

South Florida Regional Planning Council's Revolving Loan Fund
The Revolving Loan Fund (RLF) provides business financing for eligible projects within Miami-Dade, Broward, and Monroe counties. The financing strategy is to make general business development loans designed to meet the credit needs of businesses not entirely served by conventional lenders while at the same time encouraging these lenders to complete project financing by allowing these funds to fill the gap. Loans are between $50,000 and $300,000.

The South Florida Regional Planning Council (SFRPC) is an organization governed by a 19 member Board comprised of elected officials, governor’s appointees and ex-officio members representing Broward, Miami-Dade and Monroe counties; however, loan related activities are reported to and accountable to a completely independent Loan Administration Board (LAB). For more information please visit www.sfrpc.com/rlf.htm.

State of Florida's Economic Gardening Business Loan Pilot Program
The Economic Gardening Business Loan Pilot Program was created in 2009 out of Florida Statues 288.1081 within the Office of Tourism, Trade, and Economic Development. The Economic Gardening Business Loan Pilot Program (EGBLP) is to support those small businesses that are in the best position to use the loan to continue making a successful long-term business commitment to Florida.  Loans of $50,000-$250,000 are available to businesses with 10 to 50 employees.  
Download Program GuidelinesAdobe

Additional Links and Resources