Construction has reached a significant milestone at Rhapsody at Rainbow Village, a new mixed-use development poised to deliver much-needed affordable housing to Miami’s historic Overtown neighborhood. The project, a collaboration between developers ANF and Housing Trust Group, is on track for completion in early 2027.
Key Takeaways
- Rhapsody at Rainbow Village will feature 310 affordable apartments.
- The development aims to provide a range of amenities for residents.
- Local leaders celebrated the construction’s topping-out milestone.
Project Details and Amenities
Rhapsody at Rainbow Village, a $185 million undertaking, commenced construction in June. Upon its completion, the community will offer 310 affordable apartments designed to serve families in the Overtown area. The development is set to include a comprehensive suite of amenities aimed at enhancing residents’ quality of life. These features include a swimming pool, a fitness center, a business center, a daycare facility, a playground, landscaped courtyards, a theatre room, a juice bar, secure bike storage, dedicated study zones, and a community center.
Community Impact and Leadership Support
The topping-out ceremony, held on September 3rd, was attended by prominent local figures, including Miami-Dade County Mayor Daniella Levine Cava, Commissioner Keon Hardemon, Commissioner Christine King, and Housing Trust Group President and CEO Matthew Rieger. Their presence underscored the project’s importance to the community.
Al Fernandez, CEO of ANF, expressed his pride in the achievement, stating, "Reaching the topping-out milestone at Rhapsody at Rainbow Village is a proud achievement for our entire team. This development is more than just a building — it is an investment in Miami’s future and a commitment to creating safe, high-quality and affordable housing for families who need it most in the Overtown community. We’re honored to partner with Housing Trust Group in bringing this transformative vision to life."
The project represents a significant investment in Miami’s future, focusing on providing secure, high-quality, and affordable housing options for families in need within the Overtown neighborhood.