Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”)

Community Redevelopment Servicesseopwcra.com

SEOPW CRA is a 1982-established City of Miami governmental agency that uses Tax Increment Financing to fund affordable housing, infrastructure, small business grants, and community programs within the Southeast Overtown / Park West district.

Company typePrivate
Founded1982
HeadquartersMiami, United States
Headcount—
GTM typeB2B and B2C
OfferingServices

What Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) does

The Southeast Overtown / Park West Community Redevelopment Agency ("SEOPW CRA") is a governmental community redevelopment agency established in 1982 under Chapter 163, Florida Statutes, and operated as a dependent entity of the City of Miami. Its statutory mandate is to reverse blight and disinvestment within the Southeast Overtown / Park West district through economic development, job creation, affordable housing, and direct resident assistance. The agency is governed by a board of City of Miami Commissioners and operates under a series of interlocal agreements with Miami-Dade County, the most recent amendment executed in 2022. Core operations are delivered through three sites: the main headquarters at 819 NW 2nd Avenue, the Overtown Business Resource Center (OBRC) at 1490 NW 3rd Avenue, and the Overtown Performing Arts Center (OPAC), supported by a staff of 8.

SEOPW CRA's product surface is a portfolio of grant programs and capitally intensive infrastructure projects, not technology products. Programs include the Emergency Rental Assistance Program (over $1 million allocated), the Façade Beautification and Work Training Program (delivered in partnership with Florida International University's Construction Trades Program), the Public Art Activation and Beautification Grant Program, the Small Business Grant Program, and the Tri-Rail free transit pass program. Capital projects include the $23.9 million contribution to Miami Worldcenter, the $15 million 9th Street Pedestrian Mall Enhancements, the $17.5 million Tri-Rail Downtown Miami Link Project, the $950,000 Sir John Guest House renovation, and the $2 million Make-A-Wish Finker-Frenkel Wish House, alongside residential developments such as Quadplex, The Residences at Sawyer's Walk (Block 55), and Lyric Point. Cultural programming includes the annual Soul Basel event and the Sepia Vernacular photographic exhibition.

The agency's revenue model is government-administered tax increment financing (TIF) rather than commercial sales. Under TIF, incremental increases in property tax revenue from new and improved developments within the CRA boundaries are reinvested into community infrastructure, housing, and programs. Pricing is not applicable; programs and grants are provided at no cost or on subsidized terms to eligible residents and small businesses within the geographically bounded district. Go-to-market is direct: residents and small businesses access services through physical locations, email, and hand-delivered applications, with community engagement and outreach coordinators in addition to social media and email newsletters. Customer segments are the low- and moderate-income residents of the CRA boundaries, small business owners within the district, and developers undertaking public-private partnership projects.

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) firmographics

Firmographics

Name: Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”)
Legal name: Southeast Overtown/Park West Community Redevelopment Agency
Website: https://seopwcra.com
Company type: Private
Founded year: 1982
Operating status: Operating
Short description: SEOPW CRA is a 1982-established City of Miami governmental agency that uses Tax Increment Financing to fund affordable housing, infrastructure, small business grants, and community programs within the Southeast Overtown / Park West district.
Ownership category
akta.pro rank

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) industry classification

Industry

Product category: Community Redevelopment Services
NAICS: Administration of Housing Programs, Urban Planning, and Community Development (9251), Administration of Urban Planning and Community and Rural Development (92512), Administration of Urban Planning and Community and Rural Development (925120), Public Administration (92)
SIC: Non-Operating Establishments (9995)
akta.pro primary industry: Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)

Keywords

Community redevelopment
Affordable housing programs
Rental assistance
Urban infrastructure investment
Small business grants

Where Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) is headquartered

Location

Headquarters

HQ city: Miami
HQ country: United States
HQ region: North America

Offices2 records

Markets served

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Infrastructure, Operations, Others

Revenue model

Tax Increment Financing (TIF): TIF allows the CRA to reinvest increased property tax revenue from new developments back into the community, supporting infrastructure improvements, roads, utilities, and public spaces. This is the primary mechanism for funding redevelopment projects and community programs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) product offering

Product offering

Core offering

SEOPW CRA is a governmental community redevelopment agency that administers grant-funded assistance programs (rental assistance, façade beautification, public art grants, Tri-Rail transit passes, small business grants) and manages capital redevelopment projects (Miami Worldcenter, 9th Street Pedestrian Mall, Tri-Rail Downtown Miami Link, Sir John Guest House, Make-A-Wish Wish House) within the Southeast Overtown/Park West boundary in Miami. It operates the Overtown Business Resource Center (OBRC) for small business support and the Overtown Performing Arts Center (OPAC) for cultural programming, delivering community development outcomes through Tax Increment Financing allocation, program administration, and public-private partnerships.

Product overview

SEOPW CRA operates as a governmental community redevelopment agency providing a portfolio of programs and managing infrastructure projects. The core offerings include: (1) Direct Assistance Programs - Emergency Rental Assistance, Façade Beautification and Work Training, Public Art Activation Grants, Tri-Rail Transit Passes, and Small Business Grants; (2) Major Development Projects - Miami Worldcenter ($23.9M), 9th Street Pedestrian Mall ($15M), Tri-Rail Downtown Link ($17.5M), Sir John Guest House ($950K), and Make-A-Wish Wish House ($2M); (3) Cultural Programs - Soul Basel annual event and Sepia Vernacular exhibition; (4) Operational Centers - Overtown Business Resource Center (OBRC) providing technical assistance and workforce services. The agency functions as a coordination entity rather than a technology product company, delivering community development outcomes through funding allocation, program administration, and public-private partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

Emergency Rental Assistance Program (ERAP)

Companies that use Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”)

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

Florida International University (FIU) Construction Trades ProgramcoreStrategic or Co-development PartnerFIU provides construction trades training as part of the Façade Beautification and Work Training Program. Trainees benefit from classroom sessions and hands-on experience, gaining practical knowledge and skills. This partnership enables workforce development and job placement for residents while advancing community beautification initiatives.
South Florida Regional Transportation Authority (SFRTA)coreStrategic or Co-development PartnerPartnership for the Tri-Rail Downtown Miami Link Project extending commuter rail service to downtown Miami. SEOPW CRA registers qualified residents for free Tri-Rail ridership, expanding mobility and regional transportation connectivity.
City of MiamicoreStrategic or Co-development PartnerFormal interlocal agreements governing redevelopment activities, Tri-Rail project partnership, and various joint initiatives under Chapter 163, Florida Statutes.
Hood Design Studio, Inc.minorImplementation/ SI/ Consulting PartnerLandscape architecture firm providing $300,000 in design services for the 9th Street Pedestrian Mall Enhancements project.
Miami-Dade CountycoreStrategic or Co-development PartnerInterlocal agreements dating back to 1983 governing the CRA's redevelopment authority and tax increment financing framework.

Scale indicators8 records

Recent moves8 records

Expansion highlights3 records

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) competitors and assessment

Company assessment

Direct peers

Omni Community Redevelopment Agency: Adjacent downtown Miami CRA operating under the same Chapter 163, Florida Statutes framework with overlapping interlocal agreements (1995, 2000, 2007) with SEOPW CRA. Performs directly comparable redevelopment, TIF, and affordable housing functions in the neighboring Omni district.
Miami Downtown Development Authority: Quasi-governmental authority coordinating downtown Miami economic development, infrastructure, and public realm improvements — closely parallel to SEOPW CRA's mandate for the Southeast Overtown/Park West district, including PPP structuring and capital project oversight.

Regional players

City of Miami Beach Community Redevelopment Agency: Florida statutory CRA operating under Chapter 163 in a different South Florida submarket (Miami Beach). Performs comparable TIF-funded redevelopment, affordable housing, and infrastructure functions, providing a regional benchmark for SEOPW CRA's operating model.
Jacksonville Downtown Investment Authority: Florida statutory authority administering downtown redevelopment, TIF, and catalytic infrastructure projects. Comparable in scope of capital deployment, PPP structuring, and urban revitalization mandate — though operating in a substantially larger and different market.
City of Orlando Community Redevelopment Agency: Florida statutory CRA administering multiple redevelopment areas (including Downtown South and Lake Eola) under the same Chapter 163 framework. Comparable in governance structure, TIF mechanism, and affordable housing/community program portfolio.
Fort Lauderdale Community Redevelopment Agency: Broward County counterpart administering multiple CRAs (including the Downtown RAC) with comparable TIF funding, housing programs, and PPP infrastructure investments. Provides regional peer comparison in South Florida urban redevelopment economics.
West Palm Beach Community Redevelopment Agency: Palm Beach County CRA administering downtown and Northwood/Pleasant City redevelopment areas. Operates under the same Chapter 163 framework with comparable affordable housing, façade improvement, and small business assistance programming.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) leadership team

Management profile

Number of profiles

Profiles15 records

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”)

What does Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) do?

Is Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) a public or private company?

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) is a private company. It is classified as state government owned and is currently operating.

When was Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) founded?

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) was founded in 1982.

Where is Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) based?

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) is headquartered in Miami, United States, in the North America region.

How does Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) make money?

One revenue line is on record: tax Increment Financing (TIF).

Who are Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”)'s main competitors?

Direct peers on record are Omni Community Redevelopment Agency and Miami Downtown Development Authority. Regional players are City of Miami Beach Community Redevelopment Agency, Jacksonville Downtown Investment Authority, City of Orlando Community Redevelopment Agency, Fort Lauderdale Community Redevelopment Agency and West Palm Beach Community Redevelopment Agency.

Does Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) have an API?

No public API is recorded for Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”).

What industry is Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”) in?

Southeast Overtown / Park West Community Redevelopment Agency (“SEOPW CRA”)'s product category is Community Redevelopment Services. Its primary akta.pro industry code is BPAJANAL, Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory. Its NAICS code is 9251 and its SIC code is 9995.