DEVELOPMENT OPPORTUNITY - Offering the opportunity to acquire a 2.6-acre assemblage site located in Sweetwater, FL and just 0.2 miles from FIU’s main campus. The property consists of adjacent parcels, with 8 of them providing a stable income while planning for development. The site is situated within the Transportation Concurrency Exception Area (“TCMA”) and the University District (“UD”) overlay, thus offering development opportunities representing a substantial increase on allowed density of up to 210 units per acre for university housing projects, as well as development projects providing 20% housing meeting the needs of elderly, active-duty military and/or veterans, and workforce housing.
Attached NDA is required before providing more information and Offering Memorandum.