The Pérez family’s Related Group proposes an 842-unit Live Local Act project with a hotel at Jackson Memorial Hospital’s campus in Miami.
Coconut Grove-based Related’s affordable housing arm wants to develop a 27-story tower with 460 apartments on a parking lot at 1165 Northwest 11th Street and an adjacent 31-story tower with 382 units replacing a garage and medical offices at 1500 Northwest 12th Avenue, according to an application filed to Miami-Dade County this month. The project also will have an 18-story, 128-key hotel at 1500 Northwest 12th Avenue, as well as 4,200 square feet of retail and 714 parking spaces in a pair of seven-story garages.
The 3.8-acre site is in the Miami Health District, home to Jackson Health System and University of Miami Health System campuses.
The apartments will consist of studios and one- to three-bedroom units, the application shows.
Related –– led by Jorge Pérez and his sons Jon Paul Pérez and Nicholas Pérez –– is asking for a pre-application meeting. This is generally requested so Miami-Dade staff can provide feedback on a project before the developer files an official application.
The proposal comes after the Miami-Dade County Public Health Trust, which owns the site, voted in December to select Related Urban Development Group as the winning bidder to sign a 99-year lease and redevelop the property, according to media reports. Half the units reportedly will be for households earning from 50 percent to 80 percent of the area median income and 30 percent of the apartments will be for households earning up to 120 percent of the AMI. The remaining units will be at market-rate rents.
This exceeds the minimum requirement of the Live Local Act to designate 40 percent of apartments at below market rents.
Miami-Dade’s annual AMI is $87,200, according to the Florida Housing Finance Corporation.
Public Health Trust employees and Miami Health District medical workers will have first priority to lease the affordable and workforce units, media reports say.
Related wants to build the project under Miami-Dade’s Rapid Transit System-Development Zone — SMART Corridor Subzone zoning. It gives wiggle room on development regulations for projects near major roads and mass transit stops. The site is near the UHealth/Jackson Metrorail station.
Related has seized on the Live Local Act with proposals across South Florida. The state law, approved in 2023 and tweaked last year, allows developers to build bigger buildings than a site’s zoning permits and awards property tax breaks in exchange for including affordable and workforce units.
In Miami’s Little Havana, Related plans to supersize the nearly 1,400-unit Haley Sofge public housing complex with a 1,038-unit Live Local project. The development site is at 800 Northwest 13th Avenue, 780 Northwest 13th Court and 1389 Northwest Seventh Street.
Related is partnering with The Toledano family’s Aventura-based BH Group and Boca Raton-based Pebb Enterprises on the planned waterfront 33-story Quay tower with 521 apartments at 1515 Southeast 17th Street in Fort Lauderdale. Over 200 units will be at below-market rents under the Live Local Act.
In South Miami, Related plans an 11-story, 390-unit Live Local project at 5949 Southwest 68th Street.
