The developer of a major project in Little River stated last week that groundbreaking is anticipated "next year." The development is set to be voted on by the full Miami-Dade commission tomorrow.
The plans include a new Tri-Rail station, to be funded by the creation of a new taxing district covering the development area. Additional infrastructure improvements will also be financed through this district.
The project will feature more than 5,700 residential units, including 2,000 workforce condos, and 2,284 rental apartments designated for low and very low-income residents. It will also offer main street shopping, big-box stores, parks, and public spaces.
Construction will occur in phases over an eight-year period. Michael Swerdlow’s SG Holdings is leading the development, in collaboration with AJ Capital Partners. Swerdlow recently completed Block 55 in Overtown.
