The developer planning a massive new Overtown apartment complex has signed an agreement for water and sewer utilities.
The property is where Inter Miami’s soccer stadium was once planned, before it was moved to another site next to the airport.
In May, Miami’s Urban Development Review Board voted 4-0 to recommend approval of a new apartment development on the site.
The new utilities agreement lists the project name as Overtown West.
According to the agreement entered into on November 13, Miami-Dade will supply utilities for the following uses at Overtown West:
- 1,215 apartments
- 16,988 square feet of retail
The development is also planned to have 1,798 parking spaces, according to the UDRB filing.
The connection charge is estimated at $1,148,603.79
David Martin signed the agreement on behalf of the developing entity.
0101 Miami Properties LLC, with managing member Miami Beckham United LLC, is the developing entity.
The developer said earlier this year that three phases are planned. Construction of the project’s first phase of approximately 537 units is estimated to get underway in 2025.
The apartments will be a mix of market-rate, workforce and affordable housing.
Terra in partnership with an entity controlled by the Mas family was previously reported to be the developer.
Arquitectonica is the architect.
