North Miami residents steering their own economic futures
North Miami residents steering their own economic futures
North Miami residents steering their own economic futures
North Miami Community Investment Cooperative
The North Miami Community Investment Cooperative (NM-CIC) will allow North Miami residents to cooperatively own and operate a commercial property. In the first phase, Catalyst Miami will facilitate the purchase and initial management of the commercial real estate, including making infrastructural repairs and managing commercial tenant relations. Then, Catalyst Miami will oversee the process of selling the property back to individual members of the surrounding community.
The NM-CIC opens up investment opportunities to working-class residents, who will ultimately be the property owners—especially as development increases in the area. The initiative also supports the local economy by leasing spaces to local businesses (the property's tenants) and offering them technical assistance through our small business services.
The NM-CIC project provides a demonstration of community-level economics that supports equitable wealth-building, collective ownership, and stabilization instead of displacement.
Sign up using the form on this page to get involved! Read about the NM-CIC in the Miami Herald and BisNow.
The NM-CIC will...
Want to get involved?
If you live in North Miami and would like to be a part of this cooperative, please complete the form on this page. We will contact you soon about next steps!
Download the information sheet here.
You may also contact us directly for more information by emailing Julio Calderon at [email protected].
As a first generation Haitian-American that was raised, schooled and now a homeowner in this city, being a member of the North Miami Community Investment Cooperative means that I get to see the development within my city in real time. I remember my family and I used to live in those one-story apartments behind Cayard Bakery on West Dixie Highway and 128th street, and walking over to Cecibon Restaurant to watch boxing matches, and leaving with those famous white paper box to-go containers. Or 50 cent Sundays at Gribble Pool next to the Armory and fire station where North Miami Senior High School is now stationed. I am a product of this environment and now that I have the opportunity to design what the future of this neighborhood will look like, I am more than proud to “buy the block back.”
— Vanessa Pierre
NM-CIC Steering Committee Member
As a first generation Haitian-American that was raised, schooled and now a homeowner in this city, being a member of the North Miami Community Investment Cooperative means that I get to see the development within my city in real time. I remember my family and I used to live in those one-story apartments behind Cayard Bakery on West Dixie Highway and 128th street, and walking over to Cecibon Restaurant to watch boxing matches, and leaving with those famous white paper box to-go containers. Or 50 cent Sundays at Gribble Pool next to the Armory and fire station where North Miami Senior High School is now stationed. I am a product of this environment and now that I have the opportunity to design what the future of this neighborhood will look like, I am more than proud to “buy the block back.”
— Vanessa Pierre
NM-CIC Steering Committee Member
