Note: This will take 15 years to finish. The source in the reference section has a lot of information on the project including numerous articles and documents.
More condos are coming to the Biscayne Landing property in North Miami, which was once a superfund site.
Oleta Partners LLC, a partnership between Michael Swerdlow and the Lefrak Organization, are buying an additional 50 acres from the city of North Miami. They are paying just $4 million up front for the newly added land, with another $16 million to be paid over the next ten years. The city will also get 2 percent of condo sales.
The developers plan to build over 4,000 units at the site.