Miami Palms SRP Brownfield Redevelopment Deal Signed
Source: patreon.com
- South Riviera Investments signed a deal with Miami-Dade County for a 4.8-acre site in Princeton at SW 120th Avenue and SW 248th Street.
- The project aims to clean up past contamination and build new development on the brownfield land.
- This agreement helps turn polluted areas into useful property while protecting the environment.
The article covers a Brownfields Site Rehabilitation Agreement (BSRA) for the South Riviera Brownfield Site in Princeton, Florida. South Riviera Investments #2, Inc. entered this deal with Miami-Dade County on December 21, 2021, to redevelop the contaminated land. It matters because it shows how local governments partner with developers to fix environmental hazards and create economic opportunities in underserved areas.