At its core, the proprietary software integrates all the regulations and variables of a zoning code with property records and parcels to allow users to create potential development scenarios on a 3-D map. It is designed to integrate with any city’s zoning code to allow the city to expedite development plan reviews, to conduct real-time 3D development scenarios, and to visually test proposed zoning code changes, the Company said.
Gridics, founded by three University of Miami graduate students with backgrounds in urban planning, architecture, real estate tech, and engineering, announced last month that it has raised $1.1 million in seed funding. The round was led by California-based Dune Road Capital, and included Miami real estate developer Avra Jain.
Last week, the company said it has partnered with Redevelopment Management Associates, a consulting and management firm specializing in revitalizing core areas and corridors for cities, counties, and special districts nationwide. RMA said it will be introducing the software at the Florida City County Managers annual conference in Orlando later this month, and is implementing the software on projects in Pompano Beach, Sunrise, and Lake Park, Florida.
SOURCE: Miami Herald 5/1/2017