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Miami Herald - May 3, 2007
Affordable-housing plans win backing
Hoping to stall the gentrification of
Coconut Grove, the Village West Homeowners and Tenants Association
voted Monday to back two proposed low-income housing developments.
Members approved of the Coconut Grove Apartments, which would be built
on the corner of Grand Avenue and Douglas Road by Grovites United to
Survive -- a for-profit group of local investors.
Givens, president of GUTS, said the five-story, mixed-use development
-- proposed for the site of the old Tiki Club -- will include about 60
apartments for seniors.
''We're the only ones in
position to develop now,'' he said.
GUTS owns the
property and is days away from signing a contract with a developer,
The association also backed a
proposal by the Coconut Grove Collaborative to turn the county-owned
site of the Frankie S. Rolle Center, 3750 S. Dixie Hwy. into affordable
The Collaborative's plan for a
redeveloped Frankie S. Rolle Center -- to be called Bimini Place --
includes a 10-story residential tower, 28 three-story townhomes and a
commons area with community service functions.
tower would hold 100 rental units with rents of $300 to $600 a unit,
said Jihad Rashid, president of the group.
prices hinge on the approval of government subsidies and tax credits,
Rashid said. Much of the funding for the development has been secured
through a partnership with Bank of America and Pinnacle Housing, he
The Village Commons would include space for
human service offices and possibly community-owned franchises, Rashid