Two Multifamily Projects Add (or Will Add) Homes to Miami-Dade County, FL
Florida YIMBY has learned of two Miami-based projects: one that has finished construction and another that could break ground next year. Here’s what we know.
Mount Hermon Apartments
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North Miami Developer Files Application for 50-Story Tower at 1315 NE Miami CT., Miami, FL
Optimum Property Management hopes to get approval for a high-rise tower in Miami-Dade County. Plans call for the demolition of a low-rise apartment complex built in 1960. In its place would rise a 50-story building comprising close to 560,000 square feet of new construction.
Developers Secure Construction Loan for ‘Rivage Residences’ at 10245 Collins Ave., Bal Harbour, Florida
The acquisition of a $424 million construction loan will make completing Rivage Residences in Miami-Dade County possible. Florida YIMBY first reported on this luxury high-rise in early 2023.
HTG And Mount Hermon AME Church Secure Financing For Affordable Senior Community In Fort Lauderdale
Housing Trust Group and Mount Hermon African Methodist Episcopal Church Inc. broke ground on a new affordable housing community, Mount Hermon Apartments, located at 750 Northwest 4th Street in the Dorsey Riverbend neighborhood of Fort Lauderdale, FL. Designed by Miami-based REPRTWÄR with interiors by B. Pila Design, the 7-story development will offer units reserved for income-qualifying seniors aged 62 and above whose income falls at or below 25 and 60 percent of the area median income (AMI) with rents ranging from $425 to $1,225 per month. HTG Gomez Construction is the general contractor, and Thomas Engineering is the civil engineer and landscape architect. The project is expected to be completed in late 2024.
Housing Trust Group Submits Plans For Mount Hermon Apartments In Dorsey Riverbend, Fort Lauderdale
Coconut Grove-based Housing Trust Group has submitted plans to the Development Review Committee of Fort Lauderdale seeking approvals for Mount Hermon Apartments, a 7-story multi-unit apartment complex planned to rise 65-feet on property addressed as 750 Northwest 4th Street in the Dorsey Riverbend neighborhood of Fort Lauderdale. The interior lot has approximately 280-feet of frontage along NW 8th Ave., with 125-feet of frontage on NW 3rd St. and 200-feet of frontage on NW 4th St., located across the street from Mt Hermon AME Church.
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