news & Updates from Block 55

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Now with More Affordable Housing, Massive Makeover Plan for Little River Nears Approval
Aisha Ameir Aisha Ameir

Now with More Affordable Housing, Massive Makeover Plan for Little River Nears Approval

It was already one of the biggest redevelopment proposals in Miami-Dade history, a $3 billion plan aiming to remake a broad swath of Miami’s Little River-Little Haiti neighborhood with an intensive focus on affordable housing, transit, and jobs. Now, as it heads toward likely approval from the County Commission, it’s only gotten larger in scope and ambition.

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Global Shipping Company Makes Major Downtown Miami Investment for New Headquarters
Alexander Swerdlow Alexander Swerdlow

Global Shipping Company Makes Major Downtown Miami Investment for New Headquarters

MSC Group invested more than $100 million in downtown Miami for its new North American headquarters, creating nearly 500 jobs. The Switzerland-based global logistics and shipping company bought 130,000 square feet of office space at Block 55 at Sawyer’s Walk last year for $67 million. MSC Group is spending $40 million to build out the space and get it ready to house the company's North American headquarters. Employees from three of the company's divisions — MSC Cargo, MSC Cruises and Explora Journeys — will work at the firm's new U.S. headquarters.

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Residences at Sawyers Walk Addresses Critical Need for Affordable Senior Housing in Miami
Alexander Swerdlow Alexander Swerdlow

Residences at Sawyers Walk Addresses Critical Need for Affordable Senior Housing in Miami

The Residences at Sawyer’s Walk are part of a new mixed-use development that serves as an example of how dense and creative projects can address critical needs in underserved areas across South Florida. The 1.5 million-square-foot, mixed-use project opened last year and includes 578 units for low-income seniors, 175,000 square feet of fully leased retail space, an office component of around 130,000 square feet and a 25,000-square-foot plaza occupying an entire city block.

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High-End Developers Answering Affordability's Call In Miami
Richard Swerdlow Richard Swerdlow

High-End Developers Answering Affordability's Call In Miami

Michael Swerdlow, managing partner of SG Holdings, is among developers taking a fresh approach to affordable housing in and near the Magic City. He has called the shortage in Miami-Dade County "the largest affordability crisis in the nation," one that has displaced some senior citizens, who are struggling against homelessness. "I don't like seeing people living in deplorable conditions, so I wanted to provide affordable housing that doesn't sacrifice quality," he says of Miami's Sawyer's Walk.

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Sawyer’s walk to open stores in Miami’s Overtown
Alexander Swerdlow Alexander Swerdlow

Sawyer’s walk to open stores in Miami’s Overtown

Sawyer’s Walk, the largest mixed-use development in Miami’s historic community of Overtown, has announced the delivery of the retail component with a new Target that just opened and other major retailers set to open over the coming weeks and months, including a Burlington, Five Below, Aldi super-market, and Ross Dress for Less, which will serve the immediate community and surrounding neighborhoods.

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Target, Aldi and other stores just made debut in downtown Miami area. And there’s more
Alexander Swerdlow Alexander Swerdlow

Target, Aldi and other stores just made debut in downtown Miami area. And there’s more

The downtown Miami area now has its first Target store. The big-box retailer, along with other stores, opened in October at Sawyer’s Walk, a new shopping and affordable apartment complex in Overtown. Burlington, Five Below and an Aldi supermarket also opened in October and November. Ross Dress for Less should be ready for customers by March. “The new stores are already performing very well, with Target being ahead of what it projected,” Michael Swerdlow, the project’s developer, said in a statement to the Miami Herald.

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Mixed-Use Development Sawyer’s Walk Set to Open Retail Stores, Ushering in a New Era of Retail in Miami’s Overtown Neighborhood
Alexander Swerdlow Alexander Swerdlow

Mixed-Use Development Sawyer’s Walk Set to Open Retail Stores, Ushering in a New Era of Retail in Miami’s Overtown Neighborhood

Sawyer’s Walk, the largest mixed-use development in the historic community of Overtown, announces the delivery of the retail component with a brand new Target that just opened and other major retailers set to open over the coming weeks and months, including a Burlington, Five Below, Aldi supermarket, and Ross Dress for Less, which will serve the immediate Overtown community and surrounding neighborhoods.

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Target Is Now Open In Downtown Miami (Parking Is Free)
Alexander Swerdlow Alexander Swerdlow

Target Is Now Open In Downtown Miami (Parking Is Free)

Target has opened its store at a new retail complex in downtown Miami near the Brightline station. The new 50,000-square-foot Target is part of the 1.5 million Sawyer’s Walk development in Overtown, which includes multiple levels of retail, office, and residential.

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Lease roundup: Aldi, Ross Dress for Less on tap at Swerdlow’s Overtown project, Brickell City Centre lands Marc Jacobs, Anthropologie and more
Alexander Swerdlow Alexander Swerdlow

Lease roundup: Aldi, Ross Dress for Less on tap at Swerdlow’s Overtown project, Brickell City Centre lands Marc Jacobs, Anthropologie and more

Retailers are starting to open at developer Michael Swerdlow’s Sawyer’s Walk project in Miami’s Overtown. Already open are Target’s 50,000-square-foot store and Burlington’s 38,000-square-foot store, according to the developers’ news release. Next, Aldi will open in a 25,000-square-foot space and Five Below in a 10,000-square-foot space. In March, Ross Dress for Less will open a 26,000-square-foot store. 

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Inside Miami’s Milestone Senior Housing Project
Alexander Swerdlow Alexander Swerdlow

Inside Miami’s Milestone Senior Housing Project

More than 90,000 units are needed in Miami-Dade County for renters earning below 80 percent of the area median income—which is roughly $75,000—according to an analysis released earlier this year by nonprofit Miami Homes for All. And seniors are among the most cost-burdened population. One project that caters to this vulnerable segment recently opened in the Overtown neighborhood: The Residences at Sawyer’s Walk.

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Former residents of 4-story Miami apartment that burned down get the keys to their new home
Alexander Swerdlow Alexander Swerdlow

Former residents of 4-story Miami apartment that burned down get the keys to their new home

Elderly, displaced residents who lived at the Miami apartment that burned down a few months ago are getting their first look at where they will be living now. On Monday, the former residents of Temple Courts Apartments got a tour of their new homes at the Sawyer Walk Residence near Second Avenue and Sixth Street. Residents toured their new living rooms, kitchens, and bathrooms that were ready to welcome them to their new homes.

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Sawyer’s Walk to provide low-cost senior residences
Alexander Swerdlow Alexander Swerdlow

Sawyer’s Walk to provide low-cost senior residences

SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, has completed the housing component of Sawyer’s Walk, marking the delivery of the largest affordable senior living community in the U.S. within the past decade.

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Sawyer’s Walk Delivers Close to 600 Affordable Senior Housing Apartments in Overtown
Nick Swerdlow Nick Swerdlow

Sawyer’s Walk Delivers Close to 600 Affordable Senior Housing Apartments in Overtown

SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, has completed the housing component of Sawyer’s Walk, marking the delivery of the largest affordable senior living community in the US within the last decade. The mixed-use development is the largest underway in the historic community of Overtown comprised of 1.5 million square feet, including the 578 residential units completed that will be home to low-income seniors, 175,000 square feet for credit retailers, a 25,000-square-foot public plaza, and 130,000 square feet of office space acquired by MSC Group that will anchor its North American cruise division headquarters.

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Sawyer’s Walk Affordable Housing Community Opens Doors
Alexander Swerdlow Alexander Swerdlow

Sawyer’s Walk Affordable Housing Community Opens Doors

The 3.4-acre, mixed-use development located at 249 NW 6th St. broke ground in June 2021. Amenities at The Residences at Sawyer’s Walk include a rooftop swimming pool and sun deck complete with resilient landscaping, outdoor seating and grilling stations, a modern fitness center, clubhouse, entertainment center and more.

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Developers Complete Residential Component For Sawyer’s Walk At 249 NW 6th Street In Overtown, Miami
Alexander Swerdlow Alexander Swerdlow

Developers Complete Residential Component For Sawyer’s Walk At 249 NW 6th Street In Overtown, Miami

SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, has completed the housing component of Sawyer’s Walk at 249 Northwest 6th Street in Overtown, marking it as the largest affordable senior living community in the US within the last decade. The mixed-use development includes 1.5 million square feet of space, featuring 578 residential units for low-income seniors, 175,000 square feet for retailers, a 25,000-square-foot public plaza, and 130,000 square feet of office space for MSC Group’s North American cruise division headquarters.

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Mixed-Use Development Sawyer’s Walk Delivers Close to 600 Affordable Senior Housing Apartments in Miami’s Overtown Neighborhood
Alexander Swerdlow Alexander Swerdlow

Mixed-Use Development Sawyer’s Walk Delivers Close to 600 Affordable Senior Housing Apartments in Miami’s Overtown Neighborhood

The mixed-use development is the largest underway in the historic community of Overtown comprised of 1.5 million square feet, including the 578 residential units completed that will be home to low-income seniors, 175,000 square feet for credit retailers, a 25,000-square-foot public plaza, and 130,000 square feet of office space acquired by MSC Group that will anchor its North American cruise division headquarters.

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Nearly 600 Apartments Now Open At New 1.5M Square Foot Overtown Complex
Alexander Swerdlow Alexander Swerdlow

Nearly 600 Apartments Now Open At New 1.5M Square Foot Overtown Complex

In Overtown, the residential component at Sawyer’s Walk (formerly known as Block 55) has officialy opened. Developer SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, announced the opening this morning. “We’re pleased to announce the highly anticipated opening of nearly 600 residences at Sawyer’s Walk, a tremendous milestone for the city that will help meet the need for quality housing for low-income seniors in our community,” said Michael Swerdlow, Managing Partner of SG Holdings.

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