Cymbal DLT Hosts Groundbreaking Ceremony For 341-Unit Multifamily Housing Project In Miami Gardens

Credit: Jo Palma + Partners Corporation.

After closing on a $102.5 million loan from Related Fund Management earlier this year, Cymbal DLT Companies is breaking ground on the multifamily housing project at 20775 Northwest 17th Avenue in Miami Gardens. Cymbal DLT, led by Asi Cymbal and Hector Torres, will be joined by Miami Gardens city officials and community leaders to mark the occasion. The groundbreaking ceremony will take place on November 16.

Credit: Jo Palma + Partners Corporation

The new project aims to address South Florida’s affordability crisis with a 341-unit Class A apartment complex that will center its 11 buildings designed by Jo Palma + Partners around a sculpture-filled lake to maximize views and encourage outdoor activities. The project will feature many of the same amenities of Cymbal DLT’s luxury residential towers, including world-class architecture, art, wellness, and sustainability, but rents will be roughly 50% less than comparable newly constructed buildings in Downtown Miami and Fort Lauderdale.

Credit: Jo Palma + Partners Corporation

Credit: Jo Palma + Partners Corporation

In an effort to drive community engagement, Cymbal DLT is launching a public naming contest in partnership with The New Tropic, where locals will have the opportunity to submit their suggestions for the name of the new housing project. Submissions will be accepted starting November 16 during the groundbreaking ceremony through November 23, and voting will take place the following week. A committee composed of Cymbal DLT executives and city leaders will deliberate and choose the winner, who will receive the grand prize of two VIP Suite tickets to a Miami Heat home game.

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2 Comments on "Cymbal DLT Hosts Groundbreaking Ceremony For 341-Unit Multifamily Housing Project In Miami Gardens"

  1. I mean, the structure is pretty for an apartment complex. Unfortunate that 40% of the land area is used for surface parking rather than a garage but I get it, they were on a budget for budget housing.

  2. What is the contact info for leasing and eligibility?

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