Reporter Analysis: Knight Funding in Miami’s Overtown: A Big Bet, a Bigger Challenge

Neighborhood Awaits Economic Benefit

By Andre Oliver
Video by Brett O'Bourke / Common Machine Productions

(Published October 2007)

In 2000, as Knight Foundation marked its 50th anniversary, its leadership made one of the largest and most challenging investment decisions in its history. It would commit nearly $19 million for up to five years to help revitalize Overtown, a community less than a half mile from the foundation's Miami headquarters but far distant economically and socially from much of the city and Miami-Dade County.