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Related Urban Development Group to build largest affordable living housing development in Miami-Dade County
Transactions - NOVEMBER 18, 2019

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Related Urban Development Group to build largest affordable living housing development in Miami-Dade County

by Andrea Zander

Miami-Dade County’s public housing agency has teamed up with Related Urban Development Group to build a 22-acre, $600 million affordable and workforce housing development in Miami’s Little Havana neighborhood.

Dubbed River Parc, it would be the largest project to date in Miami-Dade combining low-income housing with “workforce” housing, reported the Miami Herald.

The public-private partnership recently broke ground on the Gallery at River Parc, a 150-unit affordable and workforce housing development. The building will be comprised of 30 affordable housing units and 120 workforce units.When completed, the $600 million River Parc redevelopment will add an additional 1,800 affordable and workforce units, for a total housing count of 2,600.

 

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