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North Miami CRA approves 9-month extension for Rox Park developer after cleanup delays
Summary
The CRA approved a nine-month extension to Magellan Housing’s development timeline for the Rox Park project, citing delays in environmental remediation review; the board amended the staff-recommended six-month extension and voted 3-0 to approve nine months.
The North Miami Community Redevelopment Agency voted to grant Magellan Housing a nine-month extension to deadlines tied to its Rox Park infrastructure grant agreement, after hearing from the developer and staff about delays in environmental remediation review.
The extension was approved as a second amendment to the infrastructure grant agreement for the 174-unit Rox Park multifamily development. Agency staff told the board the original grant included $2,000,000 for site cleanup and additional funds for infrastructure improvements; the record did not specify the percentage of units designated as affordable housing.
Ryan Grinler, a representative of Magellan Housing, said the company has spent "hundreds of thousands of dollars testing, retesting, and trying to determine exactly how this project can be built" and that Miami-Dade County review (referred to in the transcript as Durham) had slowed the schedule. Grinler said the team is pursuing 4% low-income housing tax credits from Florida Housing and had received indications they would be available.
Staff recommended a six-month extension to remain comfortably within loan-funded spending deadlines; Vice Chair Timothy moved to amend the extension to nine months and Board Member Charles seconded. The motion carried 3-0. Vice Chair Timothy explained the amended extension while staff cautioned that nine to 12 months could run close to loan expiration unless the developer can demonstrate it will complete within the loan period.
The board directed the executive director to execute the second amendment and to take actions necessary to implement its terms.
No written conditions beyond the timeline amendment were recorded in the meeting transcript; the developer said it could return to the board if additional time was needed.
