While Chinatowns in cities like Los Angeles and New York formed organically, some are created through planning. Miami is hoping that planning a Chinatown for one of its economically depressed neighborhoods will provide a much-needed boost for the area. 

The Real Deal Miami reports a conceptual plan for the project planned for North Miami was unveiled recently at a meeting. The neighborhood isn’t known for its Chinese history, but the city is hoping the “Chinatown Cultural Arts and Innovation District” will draw real estate investors—including those from China. Those investors will be able to take advantage of a variety of state and federal incentives, as well as incentives from the city.

The Real Deal report cites evidence that Miami is becoming more attractive for Chinese investors, and tourism and immigration from China to the city has increased.

In North Miami, roughly 22 percent of the population earns less than $15,000 per year. If the Chinatown master plan is implemented, the area will see an influx of retail and office activity.