A giant project will bring Target and 550 apartments to Miami’s struggling Overtown
The Miami Herald
The gradual redevelopment of central Overtown, the long-neglected heart of Miami’s original black neighborhood, will take a giant leap forward with the planned construction of a $350 million mega-project anchored by a Target store and topped by 556 apartments.
The project, the fruit of an agreement between veteran Miami developer Michael Swerdlow and a city anti-poverty agency, would occupy a full city block between Northwest Second Avenue and Interstate 95 at Sixth Street that’s been vacant for years. Under the agreement, Swerdlow must restrict 154 of the apartments for rental to low-income seniors.