IN THE NEWS

Massive Miami makeover? 5,000 affordable apartments proposed for aging industrial area
Alexander Swerdlow Alexander Swerdlow

Massive Miami makeover? 5,000 affordable apartments proposed for aging industrial area

A gargantuan redevelopment proposal by a prominent Miami developer would dramatically reshape a nearly mile-long stretch of the city’s Little River and Little Haiti neighborhoods, bringing big-box stores, a new Tri-Rail station and nearly 5,000 affordable and workforce apartments to a hardscrabble area in dire need of new housing and jobs but leery of gentrification. Unlike much of the redevelopment now enveloping Miami, which is focused on high-income people and luxury apartments, the plan spearheaded by Coconut Grove-based developer Swerdlow Group is aimed squarely at low-income and middle-class Miamians who are now finding it increasingly unaffordable to live in the city, especially in the urban core.

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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
Alexander Swerdlow Alexander Swerdlow

Target Is Now Open In Downtown Miami

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…
Alexander Swerdlow Alexander Swerdlow

Lease roundup: Aldi, Ross Dress for Less on tap at Swerdlow’s Overtown project…

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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Developer Planning 7,500 Units In Little River, Will Build New Tri-Rail Station
Alexander Swerdlow Alexander Swerdlow

Developer Planning 7,500 Units In Little River, Will Build New Tri-Rail Station

Swerdlow Group is advancing plans for a massive project in Little River. The development will include approximately 7,500 residential units, with a mix of affordable, workforce and market-rate housing. The Little River development will also have 602,562 square feet of retail space, and 205,076 square feet of outdoor green space open to the public.

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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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Largest US Affordable Senior Housing Project Built in Past Decade Opens in Downtown Miami
Alexander Swerdlow Alexander Swerdlow

Largest US Affordable Senior Housing Project Built in Past Decade Opens in Downtown Miami

The largest U.S. affordable housing project of its kind that has been built in the past decade is now open in downtown Miami. Residents at Sawyer's Walk, located in the heart of Miami’s historically Black Overtown area, have officially started moving into the 18-story tower's 578 units for seniors. The mixed-use complex occupies an entire city block at 249 NW 6th St. and comprises 1.5 million square feet of residential, office and retail space. Sawyer's Walk includes a 25,000-square-foot linear park just behind the building that is now open.

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Global MSC Group plants its US base in Miami’s Overtown
Alexander Swerdlow Alexander Swerdlow

Global MSC Group plants its US base in Miami’s Overtown

On Overtown land where the City of Miami once planned 1,050 units of affordable and mid-income housing, a global cargo firm and cruise line will invest $100 million to develop a new US headquarters, uniting its 250 South Florida employees under one roof.

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