DOWNTOWN SOMI

Board of County Commissioners · 2026-06-02 · ordinance

Establishment of the Downtown SoMi Community Development District (CDD) has been proposed. The CDD is generally bounded by Harriet Tubman Highway (US 1) to the north, SW 57 Avenue (Red Road) to the east, SW 72 Street (Sunset Drive) to the south, and SW 58 Avenue to the west. The proposed development includes approximately 202,462 sq ft of retail space, 1,513 residential units, 287 hotel rooms, 65,892 sq ft of office space, a 1,300-seat movie theater, and associated infrastructure. The estimated cost for this development is $149M. The project was adopted on first reading on April 21, 2026, and was deferred by the Board of County Commissioners on June 2, 2026, to July 21, 2026. The creation of the CDD is intended to provide a financing mechanism for community infrastructure, facilities, and services, including maintenance of private roads, stormwater management, and landscaping. The CDD will have the power to levy taxes and special assessments. No public comment is stated in the document.