In the heart of Miami, where Overtown’s rich cultural legacy meets the pulse of a growing city, a new era is unfolding. It’s a renaissance aimed at bridging the divide created long ago by I-95, restoring this historic Black neighborhood to its former glory.
On Aug. 28, 2025, the Southeast Overtown/Park West Community Redevelopment Agency (SEOPW CRA) officially closed on a $175 million municipal bond, marking a historic moment for the community. Approved by the City of Miami in April and the Miami-Dade County Commission in July, the bond will finance an ambitious portfolio of projects, including affordable housing, infrastructure, cultural spaces and public amenities.
“We look forward to these dynamic projects improving the quality of life for our residents,” said Christine King, chairwoman of the City of Miami Commission and SEOPW CRA Board.
Affordable housing
SEOPW CRA Executive Director James D. McQueen said the bond closing represents more than financial flexibility. To him, it’s a turning point…