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Front Page » Breaking News » Development near Metrorail gets another dip into surtax funds

Development near Metrorail gets another dip into surtax funds

Written by on December 22, 2020

Development near Metrorail gets another dip into surtax funds

A mixed development near the Douglas Road Metrorail station that already received millions in Miami-Dade surtax dollars to build affordable housing will get another financial boost from the same funding pool.

Commissioners this month OK’d a resolution by Raquel Regalado to lend $1.5 million to Hollywood-based developer Cornerstone Group to further fund Platform 3750, an eight-story mixed development with market-rate rentals, affordable units, retail space and government offices.

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