Categories: Florida Business News

New Residential Development in Miami’s Allapattah Neighborhood

News Summary

A new 24-story residential project proposed by Joe Acquisitions in Miami’s Allapattah neighborhood promises to add 400 housing units. The project includes plans for commercial space and aims to incorporate affordable housing options. Scheduled for review on April 16, this ambitious development showcases a commitment to enhancing community living while revitalizing the area.

Exciting New Development Proposal in Miami’s Allapattah Neighborhood

Hey there, Miami! Big changes are on the horizon for our vibrant Allapattah neighborhood. A new residential project is being proposed that could add a fresh face to the area, thanks to Joe Acquisitions, a company known for its forward-thinking development plans. So, what’s the scoop? Buckle up as we dive into the details!

A New Residential Marvel in the Making

At the heart of this proposal is a brand new 24-story residential building located at 1342 N.W. 22nd Street. This spot sits on an impressive 1.17 acres and includes properties at 1330 and 1342 N.W. 22nd St. as well as 2186 N.W. 13th Ave. Currently occupying this prime real estate are two old warehouses that have been around for over 80 years and total about 27,836 square feet. But don’t get too attached! These warehouses are slated for demolition as the developers aim to pave the way for exciting new apartments.

What’s in Store for Residents?

The project is quite ambitious, totaling 490,578 square feet and designed to feature 400 residential units. These units will come in a variety of sizes, ranging from cozy 335 square feet all the way up to spacious 1,150 square feet. The proposed unit mix is designed to cater to a variety of lifestyles and needs, including:

  • 277 studios
  • 93 one-bedroom units
  • 30 two-bedroom units

Additionally, the developers are asking for a special waiver that would allow for 40 micro units—each smaller than 400 square feet. This is a fantastic strategy to offer affordable rent options in our bustling city.

More Than Just Apartments

This development isn’t just about where people will live. The first two floors of the building are set aside for 17,800 square feet of commercial space. That means new shops and services could be within walking distance! Plus, the project plans include 335 parking spaces, benefiting from lower requirements owing to its proximity to the Santa Clara Metrorail Station.

Community Focus

One of the most commendable aspects of this project is its commitment to affordable housing. Leveraging Florida’s Live Local Act, Joe Acquisitions is required to designate 40% of the residential units as workforce housing. This is a big deal for our community, as it aims to assist households earning 140% of the area median income. For reference, the median household income in Miami-Dade County is around $79,400.

A Development to Watch

Mark your calendars, folks! The Urban Development Review Board is set to review this ambitious project on April 16. With its towering presence, the proposed building will stand at a height similar to the River Landings development located just south, further adding to our skyline.

Designed by Built Form Architecture, the residential component aims to provide a variety of housing options within a stone’s throw of mass transit and employment hubs in downtown Miami, making it a convenient choice for many.

Conclusion

Miami’s Allapattah neighborhood is gearing up for some exciting developments that could shape its future. The proposed residential complex from Joe Acquisitions promises to blend living, working, and community spaces in a way that reflects the dynamic spirit of our beloved city. Stay tuned for more updates, and let’s hope for a bright, inclusive future!

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