MIAMI—Mixed-use and transit-oriented developments are emergingas a staple of new construction across the Southeast, though theyare still less visible to the capital markets. It's rare to see anew office or condo building rise without ground floor retail or ahotel component.

Miami is witnessing three game-changing mixed-use andtransit-oriented developments coming off the drawing board and outof the dirt: Swire's $1.05 billion Brickell CityCentre with office,residential, retail and hotels; the $2 billion Miami Worldcenterwith those same components; and Miami Central's All Aboard Florida,a three-million-square-foot urban mixed-use transit-orienteddevelopment.

“MiamiCentral demonstrates that a true passenger rail system anda connected public transportation system can reinvigorate adowntown, as so many world-class cities enjoy,” MichaelReininger, All Aboard Florida's presidentand CEO, tells GlobeSt.com. “This is a rebirth for two ideal areasof Downtown Miami, an opportunity to create an identity for ahistoric part of the city, and reinvigorate the desire for masstransit. The importance of Downtown Miami is evidenced by thesignificant investment made not only by All Aboard Florida, butother key developments, and will be a hugely sought after iconicdestination, in a newly urbanized neighborhood.”