Developer Horizon at NoMi LLC has secured a $48 million construction loan for the Residences at NoMi, an affordable housing development for seniors in North Miami.
Our sources point to an exciting venture proposed for Miami’s Model City. Enter the Valley at 22nd, an eight-story apartment complex hosting 67 apartments. The one-bedroom to three-bedroom units would span from 550 to 1,070 square feet each.
Jacksonville-based real estate developer The Vestcor Companies, Inc., under the Ambar Station LLC, has filed an administrative site plan for a mixed-use development designed by Anillo Toledo Lopez Architecture in the Leisure City area of southern Miami-Dade County near Naranja, which is set to incorporate workforce housing. The 7.83-acre site is located at 27742 and 27860 South Dixie Highway. The property is currently under contract with 27742 South Federal Highway LLC, managed by Bruno and Maritza Ramos, based in Miami.
Lincoln Gardens, a $41.2 million affordable housing development, is still unfolding in Miami’s Brownsville neighborhood. Per the venture’s website, the three-phase community unveiled the first portion in 2022, offering 134 garden-style apartments and eight rental townhomes.
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).
