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Local10.com - News - Land Swap Will Create New Homeless Shelter, Huge Biotech Center

Land Swap Will Create New Homeless Shelter, Huge Biotech Center

POSTED: 6:03 pm EDT September 14, 2005

MIAMI -- A land-swap deal announced Wednesday is expected to provide both a new home for the homeless and a biotech center that will provide thousands of jobs.

For more than 20 years, Camillus House has offered the homeless a place to stay. For years, developers have said that even though the building has served an important purpose, it has also held up development in the area.

Wednesday, city and University of Miami officials announced that Camillus House will swap property it owns near the UM medical school complex for land the university needs for a huge biotech science center.


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