Hollywood-based Cornerstone Group, in partnership with the Martin Memorial AME Church, has started construction on an affordable housing development in Miami-Dade County. The developer first filed the pre-application phase in September 2021. Now, the venture is one step closer to completion.
In June 2022, Florida YIMBY reported on the Gateway Luxury Apartments, a residential housing development in Pompano Beach. Now, the developer has secured the $18 million construction loan needed to push the project to completion.
Broward County’s getting a new affordable housing development for seniors. Boulevard Gardens will comprise a six-story and three-story building, offering a total of 92 residences.
Plans have been submitted for a 28-story mixed-use building at 3055 Northeast 4th Avenue in Edgewater, Miami. Referred to as Metro 2 at Edgewater (Metro 2) in the application, the project is designed by Burgos Lanza & Associates and developed by Metro Tower II LLC. The proposed building is set to rise 320 feet to the upper roof slab or 335 feet, including the highest decorative screen. It is expected to offer 349,193 square feet of space, encompassing multi-family dwelling units, lodging units, office space, and ground-floor commercial space. The plans also include on-site parking and a diverse array of amenity spaces. Schwebke-Shiskin & Associates Inc. is listed as the land surveyor, CMPLX as the civil engineer, and JFS Design, Inc. as the landscape architect. The Urban Development Review Board hearing is scheduled for April 17.
CREI Holdings has secured a $67 million construction loan from Centennial Bank to build an affordable workforce housing mid-rise building at 455 Northwest 114th Avenue in the City of Sweetwater, Miami-Dade County. Construction of Li’l Abner III is set to begin in the second quarter of 2024 and be completed in the second quarter of 2026. Prospective tenants can now register for future leasing opportunities.
