CLIENT NEWS: Retail Shops at Newly Completed $400M Overtown Complex ‘Packed’
January 22, 2025Retail shops at Overtown’s new $400M Block 55 complex are filled with customers, developer Michael Swerdlow told the SFBJ.
The Target store that anchors the complex is “full” and “packed” with customers, he said, while the Aldi supermarket there is also “packed all the time.”
The 1.5- million square foot Block 55 opened last year, with the retail space fully leased.
It includes around 200,000 square feet of retail, 130,000 square feet of office space (taken for a HQ space by MSC Cruises), 578 residential units reserved for limited income seniors, and 1,000 parking spaces.
SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, developed the complex.
Swerdlow is now working on his next project in Little River, which will include around 5,000 residential units, 602,562 square feet of retail space, 205,076 square feet of outdoor green space, and a Tri-Rail station.
