Miami-based developer Integra Solutions is seeking a significant partnership with Miami-Dade County, proposing a $385.9 million deal to redevelop the aging Annie Coleman 15 public housing complex in Brownsville. The ambitious project aims to dramatically increase density on the 12-acre site, replacing 144 existing units with 905 new apartments while incorporating a wide range of income-restricted housing options.
Key Takeaways
- Integra Solutions proposes a 99-year ground lease and master development agreement with Miami-Dade County.
- The project involves razing and rebuilding the Annie Coleman 15 complex, adding 905 apartments.
- The development will feature a mix of income levels, from extremely low-income to workforce housing.
- The proposal includes community amenities and financial contributions to local organizations.
Project Scope and Vision
The proposed redevelopment at 2200 and 2501 N.W. 57th Street, currently home to 144 public housing units built in 1965, would quintuple the site’s density. Integra also plans to incorporate an adjacent parcel under contract, further expanding the project’s footprint. This initiative is part of Miami-Dade County’s broader strategy, initiated in 2023, to modernize its public housing infrastructure. Such projects typically involve a blend of replacement public housing, deeper affordability, and workforce housing units, though they require federal approval.
Housing Mix and Affordability
Integra’s plan outlines a diverse unit mix, including 495 one-bedroom apartments, 187 two-bedroom units, 158 three-bedroom units, and 65 four-bedroom townhomes. The income restrictions are designed to serve a broad spectrum of residents, with units allocated for individuals and families earning between 30% and 120% of the area median income. Specifically, the plan includes 182 units at 30% AMI, 270 at 60% AMI, 272 at 80% AMI, and 181 at 120% AMI. The construction, estimated at $270.1 million, will be executed in three phases, ensuring that all current tenants can remain in place during the transition.
Community Enhancements and Financials
Beyond the residential units, Integra’s proposal includes several community-focused amenities. These enhancements feature a fitness center, a playground, 20 for-sale homes, a youth art center, and 3,100 square feet of commercial space. The project also incorporates a police workstation for enhanced community safety. Financially, Integra is proposing to allocate 5% of developer fees to the Brownsville Civic Neighborhood Association and 10% of net cash flow to a local public art endowment. The development team, led by principals Victor Ballestas, Paulo Henrique Tavares de Melo, Jacob Conrad Morrow, and Nelson Stabile, intends to seek state financing through the Florida Housing Finance Corp. next year.
Next Steps
The proposal is scheduled to be presented to the county’s Housing Committee next week. If the committee advances the plan, the County Commission is expected to vote on the matter in January.
Sources
- Integra seeks redevelopment of Annie Coleman public housing with Miami-Dade County, The Business Journals.
- Integra Pitches $386M Deal to Remake Miami-Dade Site, The Real Deal.