A construction permit appears to be pending for the Block 55 project in Overtown.
City records show that the developer appears to be using a private provider for the review of plans – which is generally more expensive but faster.
Developers Swerdlow Group, SJM Partners (Stephen Garchik), and Alben Duffie are planning the mixed-use project. It will include:
578 affordable apartment units
355,000 square feet of retail space
around 1,050 parking spaces
1,400 square foot police substation
Tenants will include Target, Aldi, Ross, Ulta, Burlington, and Youfit.
On November 16, the Southeast Overtown/Park West CRA voted unanimously to amend the development agreement, including changing the affordable housing component.
Under the new deal, 100% of units will be affordable housing. Half will be offered to individuals or families earning up to fifty percent of the Miami-Dade County Area Median Income, with the other half of the remaining units designated for individuals or families earning between fifty percent and eighty percent of the AMI.
Previously, just 20% of apartments were to be offered as affordable housing.
Update: Terra Group is no longer a partner on the project