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Historic Southwest Homestead Neighborhood Begins Affordable Housing Development

On Thursday, February 15, 2024 in Southwest Homestead, the Triangle Development Demolition Kick-Off took place at 238 SW 5th Street. The Homestead CRA Chairman, Steven Losner, spearheaded the occasion, flanked by the esteemed Board Members, Jenifer Bailey and Larry Roth, CRA Director Kametra Driver, and CRA Staff.

Chairman Losner opened the proceedings, setting the tone for what promised to be a landmark event in the neighborhood’s revitalization. According to the Homestead CRA team, the Triangle Development, nestled in the heart of Historic Southwest Homestead, symbolizes not just a physical transformation but a beacon of hope for the community.

About Triangle Development Demolition:

  • Triangle Development Demolition is a mixed-use development that incorporates affordable housing, market-rate housing, and commercial components; 51% of units on parcels conveyed from Miami-Dade County qualifying as affordable (defined at 80% of Area Median Income)
  • Enabling commercial activities that contribute to neighborhood activation and economic development; and
  • Inclusion of amenities which will be attractive and beneficial to residents of the surrounding area and to residents and/or patrons of the development; these may include (but are not limited to) meaningful open and green spaces, water recreation-related amenities (e.g., splash pad, swimming pool), parking, public spaces, and multimodal accommodations such as shared bicycle stops/racks.

About Homestead CRA:

The goal of the CRA is to combat neighborhood deterioration and eliminate economic blight in the designated Community Redevelopment Area. The work program for the CRA is defined in its Community Redevelopment Plan which includes comprehensive strategies and activities that will serve as catalysts to revitalize the area.

This is a Hy-Lo News Staff Report.


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