Never let it be said that Miami developer Michael Swerdlow didn't think through his Overtown project. He reinvented his vision for Sawyer's Landing a couple of times before opting to make all 578 units affordable and for renters 62 and older.

Retail giant Target has signed a letter of intent to open a store inside a planned mixed-use retail and residential development in Overtown called Block 55, according to the developer of the expansive project.

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.