Affordable Housing

West Palm Beach Development Group Seeks $10.6M Incentive for 25-story Mixed-Use Project with Affordable Housing in Downtown West Palm Beach

8:00 am on September 3, 2024 By Oscar Nunez

A development group is seeking up to $10.6 million in incentives to incorporate affordable and workforce housing into its proposed 25-story mixed-use project ‘Fern & Gardenia’ designed by Miami-based Arquitectonica in downtown West Palm Beach. The city’s Community Redevelopment Agency (CRA) Board will review the term sheet for tax increment financing (TIF) from WPB Fern Holdings LLC today. WPB Fern Holdings LLC is a partnership between Miami-based 13th Floor Investments, West Palm Beach-based Wexford Real Estate Investors, and New York-based L&L Holdings.

Construction Starts on ‘the Spruce’ Apartments at 2501 Spruce Avenue, West Palm Beach, FL

7:00 am on August 30, 2024 By Colt Dodd

Fort Lauderdale-based Affiliated Development has broken ground on the Spruce apartments, an affordable/workforce housing venture. The South Florida Business Journal reports that the Spruce will measure eight stories above grade, offering 270 apartments.

‘The Adderley’ Nears End of Construction at 9300 North Nebraska Avenue, Tampa, Florida

7:00 am on August 22, 2024 By Colt Dodd

The Adderley, an affordable housing development in Tampa, has nearly finished construction and will welcome residents in late September. Construction began on the venture in March 2023, a partnership between Blue Skies Communities and the City of Tampa.

Second Phase Of Quail Roost Station Breaks Ground Along Forthcoming Transit Hub In Miami-Dade County

8:00 am on August 19, 2024 By Oscar Nunez

Atlantic Pacific Companies has broken ground on an affordable housing project for seniors at Quail Roost Station in Perrine. This development will be a hub along Miami-Dade County’s forthcoming electric bus rapid transit system and offer direct access to public transportation along the South Dade TransitWay, making it a crucial part of its transit-oriented community initiatives.

‘Cypress Grove’ to Offer 84 Affordable Housing Units at 555 16th Avenue Southeast, Largo, FL, 33771

7:00 am on August 17, 2024 By Colt Dodd

Cypress Grove Apartments will offer 84 units. Forty-five units will be reserved for those earning up to 60 percent of the area median income (AMI), while the remaining 39 will be for those earning up to 80 percent.

Superior Manor Apartments Phase II Completes Construction In Liberty City, Miami

8:00 am on August 10, 2024 By Oscar Nunez

ANF has completed construction on the second phase of Superior Manor Apartments, a 76-unit affordable housing development in Miami’s Liberty City neighborhood. This project was developed by New Urban Development, the real estate affiliate of the Urban League of Greater Miami.

Developers complete residential component for Sawyer’s Walk at 249 NW 6th Street in Overtown, Miami

8:00 am on July 26, 2024 By Oscar Nunez

SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, has completed the housing component of Sawyer’s Walk at Located at 249 Northwest 6th Street in Overtown, marking it as the largest affordable senior living community in the US within the last decade. The mixed-use development includes 1.5 million square feet of space, featuring 578 residential units for low-income seniors, 175,000 square feet for retailers, a 25,000-square-foot public plaza, and 130,000 square feet of office space for MSC Group’s North American cruise division headquarters.

Construction Starts on Brownsville Transit Village’s Fifth Phase at 5255 N.W. 29th Ave., Miami, FL

7:00 am on July 24, 2024 By Colt Dodd

On Monday, July 22nd, Miami-Dade County officials celebrated the groundbreaking of Brownsville Transit Village’s fifth phase. Currently, the affordable housing development offers 401 apartments, along with a 660-spot parking garage and 6,400 square feet of retail.

FBI and Offshore Power Systems Buildings Could Be Redeveloped into Housing in Jacksonville, FL

7:00 am on July 21, 2024 By Colt Dodd

A developer has submitted plans to replace former FBI and Offshore Power Systems buildings with a mixed-income housing complex.

New Eight-Story Affordable Housing Project Planned at 13841 SW 252nd Street in Princeton

8:00 am on July 7, 2024 By Oscar Nunez

An Administrative Site Plan Review (ASPR) application was submitted on July 1 for Princeton Manor, an affordable housing development aimed at providing 132 new rental apartments. The project is planned for an eight-story high-rise building at 13841 Southwest 252nd Street within the Princeton Community Urban Center in Florida. Princeton Manor is being developed by Princeton Manor LLC, an entity linked to Centennial Management of Miami Lakes, FL. The project is located on an approximately 2.2-acre vacant site in the westernmost portion of the property.

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