Newsdata · Miami-Dade

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.