WHAT: CRA Developer Forum
WHEN: Thursday, June 6th, 2024, 10am
WHERE: City Hall, 3rd Floor Conference Room, 100 Civic Court, Homestead, FL 33030
The Homestead Community Redevelopment Agency (CRA) is excited to announce a Developer Forum for a 3.65 net acre parcel of land located in Homestead’s Historic Southwest Neighborhood, commonly known as the Shotgun Property. The forum will be held on Thursday, June 6th at 10:00 AM in City Hall, located at 100 Civic Court, Homestead, FL 33030, in the 3rd floor Main Conference Room.
The primary goal of this forum is to gather valuable input from the development community regarding the redevelopment of the site which is currently zoned for mixed-use development and senior house. The CRA aims to gauge market interest in various potential uses for the property, including but not limited to, senior housing, multi-family, single-family, and mixed-use developments.
Developers attending the forum will benefit from a concise presentation on the CRA plan and the specific site. Following the presentation, there will be an opportunity for developers to provide feedback, ask questions, and engage in discussions about the future of the property. An optional site visit will also be available for those interested in a closer look at the location.
Developers are encouraged to RSVP for the event at www.cityofhomestead.com/forum to confirm their attendance. For more information contact the CRA at 305-224-4480.
About the Shotgun Property
The Shotgun Property, located at 877 SW 7th Street, Homestead, FL 33030, is a 3.65 net acre parcel of vacant land owned by the CRA. It is located deep in the Historic Southwest Neighborhood, a historically underserved community in the midst of a concerted revitalization effort led by the CRA and the City of Homestead. The parcel is currently zoned for up to 31 dwelling units per acre for a mixed-use multi-family senior residential community. There is a height limit of five stories, not to exceed 70 feet. A recent appraisal of the property yielded a market value of $3.175 million.
About the CRA:
The Homestead Community Redevelopment Agency (CRA) is dedicated to revitalizing the community redevelopment area and stimulating economic growth to optimize the future value of properties within the designated area. With a mission to combat neighborhood deterioration and eliminate economic blight, the CRA remains committed to creating a thriving and vibrant community.