The competing development groups were formed by Michael Swerdlow, managing partner of Miami-based Swerdlow Group, and Ian Bruce Eichner, founder of the New York-based Continuum Co.
The city will take a month to determine if they are qualified, and developers that clear the hurdle will have until Sept. 20 to submit a proposal to develop the 184 acres off Biscayne Boulevard. The winner would be allowed to negotiate a long-term lease and development rights with the city, which owns the land.
