Current Projects
Rucks Park
This grantee received a 50% TIF grant not to exceed $1,22,160 through the life of the CRA.
Solo Miami
This grantee received a 50% TIF grant not to exceed $1,22,160 through the life of the CRA.
Allure North Miami
TR NM Holdings LLC has secured a long-term lease of two city owned parcels, of which one (folio #06-2221-006-0020; the south parcel is within NMCRA boundaries. A twelve story 250-unit residential project, with an elevated pedestrian sky-bridge to connect to the other tower, which will house the parking and amenities. The South Tower will consist of 27 studios, 85 one bedrooms, 130 two bedrooms, and 8 three bedrooms. Estimated construction cost of project is $57,400,545. 10% or 25 units will be earmarked for affordable and workforce housing (80% to 140% AMI) through the life of the NMCRA.
475 North Miami LLC
Art and Tech Development is the owner of two parcels of property located within the boundaries of the NMCRA.
The NMCRA has approved an award for the purpose of funding a multi-family residential rental project consisting of 28 units including 6 one bedrooms, 14 two bedrooms and 8 three bedrooms along with appropriate parking and amenities.
Partners of 645 LLC
This grantee received a 50% TIF grant not to exceed $259,533 through the life of the CRA.
Kayla at Library Place
This grantee received a 50% TIF grant not to exceed $5,324,797 through the life of the CRA.