Mixed-Use project under permitting for a 3-story bldg. complex with 14,500 SF of commercial/retail space at ground floor and 24 rental apartments in upper levels. The 1.65-acre site is 10-min walk from Downtown Homestead, being revitalized by multi-million public and private initiatives like the Homestead Station (shop-play-ride mall), the world's first Cybrarium (high-tech library), the MDC New Student Success Center and the Losner Park Extension designed by Sasaki (the firm that master-planned the Beijing Olympic Games). Under the Opportunity Zone Program, the investors rolling capital gains into this development could benefit from tax deferral, reduction, and exclusion. Amazon's recent leases and acquisitions in the area will likely attract new businesses and residents as well.
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