Allapattah’s $800M blueprint: Inside Miami neighborhood’s redevelopment plan
Two months after Miami created the Allapattah Community Redevelopment Agency, the city is drilling down on specifics on how to approach its makeover and entice development without losing residents or diversity. A preliminary plan projects roughly $800 million in revenue from tax increment financing over 30 years, with the majority of that targeting infrastructure improvements and adding affordable housing, according to city records. Some of the top projects are Northwest 17th Avenue streetscape and façade improvements, as well as a mixed-income project on the 18-acre city-owned General Services Administration site. Miami commissioners greenlit the Allapattah CRA in April, after years […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Boston Children’s Hospital inks deal to open West Palm Beach clinic
California philanthropists pick up Hillsboro Beach mansion for $37M
Weed scheme allegedly paid for $3M in South Florida real estate
Local elections: City land deals, development rules on the ballot in Broward County
Bomar’s proposed Fort Lauderdale megamansion hits market for $100M
Charles Cohen scores $385M for delayed West Palm office project, as South Florida construction loans flow
Luxury hotel group Raffles to brand Mast Capital, BH’s Coconut Grove condo
Developer proposes mixed-use project on one of Jupiter’s last undeveloped waterfront sites
Real Estate Q&A: Can Leased Solar Panels Derail a Home Sale?
AI Can Speed Up Work But Still Needs Your Review
