A proposal by prominent African American developer Don Peebles to redevelop two CRA owned blocks in the heart of historically black Overtown has been picked as the fave of the three proposals for the site, beating out competitor All Aboard Florida's submission. (which would have connected with AAF's upcoming rail station across the Metrorail tracks) The Miami City Commission is set to vote on it today. Peebles plans to spend $250 million on the project, twice the $127 million that AAF wanted to plunk down. [Miami Herald]
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