Serenity Liberty Square is getting the fourth of its nine phases. Our sources indicate that the addition will comprise 193 mixed-income housing units, reserved for those making 30 percent to 80 percent of the area median income (AMI).
Per city records, this means that single-resident households making $21,700 to $57,800 a year would qualify. Also, the 27 families who lived on the premises before the project’s groundbreaking will also be grandfathered in and eligible for residency. The 193 residences would be spread across three low-rise buildings.
The fourth phase is scheduled to wrap up completion by March 2025. The previous three phases finished construction between 2019 to 2022, offering 600 units thus far. At full build-out, Serenity Liberty Square would offer more than 1,900 homes, along with a “renovated historic Liberty Square Community Center, as well as new educational and healthcare facilities, a national grocer and green spaces.”
Serenity Liberty Square’s fourth phase will cost more than $45 million to complete. Multihousing News reports that the developers secured two loans from Florida Housing Finance Corp. and Wells Fargo. The venture’s address is 1310 NW 67th St., Miami, Florida, 33147, in Miami-Dade County. The community is west of I-95 and north of Florida State Road 112.