The Sweetwater City Commission has cleared the way for CREI Holdings to develop an additional 316 affordable housing apartments. Li’l Abner III, which will rise next to its sister buildings Li’l Abner I and II, will help ease Miami’s shortage of affordable housing among seniors, one of the most vulnerable populations in the region.
Encore at 331 is a new residential community planned for Freeport, Florida. The venture will offer 258 units spread across four buildings, per LDI Line. It will rest on a 15.58-acre build site and require more than 270,000 square feet of new construction to reach completion.
ZOM Living, in partnership with NRP Group, has completed the sale of Monterra, an award-winning affordable housing community at 2601 Solano Avenue, Cooper City in Broward County. The 300-unit, garden-style apartment community offers LIHTC income-restricted apartments. The ZOM/NRP partnership also developed nearby Sorrento at Miramar, a 320-unit rental community financed through the federal Low Income Housing Tax Credit Program and various state and county debt financing programs.
Culmer Village is taking shape in Miami-Dade County, Florida. The mixed-use venture requires close to 850,000 square feet of new construction, featuring 612 apartments and 9,460 square feet of retail space.
Related Urban Development Group, the affordable housing arm of Related Group, Miami-Dade County and Miami-Dade County Public Schools celebrated the groundbreaking of the 29-story Gallery at West Brickell on Wednesday, September 21. The event commemorated the start of construction on the third Gallery-branded property, attracting many notable people, including Miami-Dade County Mayor Daniella Levine Cava; Miami-Dade County District 5 Commissioner Eileen Higgins; Miami-Dade County Public Housing Director Michael Liu; Related CEO Jorge M. Perez among others. The 304-foot-tall project is located at 201 Southwest 10th Street in West Brickell, Miami. It will offer 465 mixed-income units ranging from studios to three-bedroom apartments with 163 units reserved for workforce housing, 302 market-rate units, 2,240 square feet of office space, 2.338 square feet of retail space, and 529 parking spaces. CMA Architects is the architect.
