Related Group Unveils 115 Affordable Apartments in Little Havana
In an exciting development for Miami’s Little Havana, the Pérez family’s Real Estate firm, Related Group, is set to transform a public housing site into 115 affordable apartments. This project forms part of a broader initiative aimed at enhancing housing accessibility in the area.
Project Overview
The Gallery at Little Havana
- Location: 1275 Southwest First Street, Miami
- Current Structure: A three-story complex with 28 units built in 1985
- Redevelopment Plan: Convert the existing building into 115 modern affordable apartments
This ambitious redevelopment project was formally submitted to Miami-Dade County this month by Related Urban, the firm’s affordable housing division. The new development, known as the Gallery at Little Havana, aims to rejuvenate the current residential offerings while providing essential housing options for the community.
Agreement with Miami-Dade County
In 2023, Related Urban entered into a long-term lease agreement with Miami-Dade County to redevelop three public housing sites across Little Havana. The lease spans 75 years and includes:
- 1275 Southwest First Street: The site for the Gallery.
- Falk Turnkey Complex: 48 units located at 445-465 Southwest 16th Avenue.
- Jose Marti Plaza: 55 units situated at 154 Southwest 17th Avenue.
Additional Redevelopment Plans
The Falk Turnkey and Jose Marti Plaza projects are set to contribute a combined total of 146 affordable units, marking them as significant steps towards improving housing availability in Little Havana.
Federal Support
These redevelopment efforts align with the Rental Assistance Demonstration (RAD) program, a federal initiative that facilitates the modernization of public housing. Miami-Dade County is leveraging this program to preserve and upgrade approximately 7,000 public housing units through partnerships with private developers like Related.
Background on Related Group
Founded in 1979 by Jorge Pérez, Related Group has evolved from an affordable housing developer to a major player in the luxury real estate market, all while continuing to focus on below-market units. The Pérez family remains committed to addressing housing needs in South Florida through innovative partnerships and impactful projects.
Future Endeavors
Apart from the Gallery at Little Havana, Related Group has several upcoming projects:
- Jackson Memorial Hospital Campus: Plans for an 842-unit Live Local Act project featuring both a 27-story and a 31-story tower, alongside a 128-key hotel.
- Haley Sofge Public Housing Complex: A proposed increase in units from 1,379 to 1,038 at multiple sites in Miami.
South Miami Developments
Related is also revitalizing the South Miami Gardens Apartments public housing complex with two new buildings:
- Residences at SoMi Parc: A 172-unit mixed-income building opened last year.
- Gallery at SoMi Parc: A 390-unit project, with applications filed in March.
Conclusion
The transformation of the Little Havana site into the Gallery at Little Havana is a promising step toward addressing affordable housing challenges in Miami. Through partnerships with local governments and innovative planning, Related Group continues to play a pivotal role in reshaping South Florida’s housing landscape.
For more information on Related Group and their upcoming projects, visit Related Group or explore Miami-Dade County’s housing initiatives on their official site.