Two developers have submitted plans for nearly 800 residential units in Miami under Florida’s Live Local Act, which encourages workforce housing by allowing larger projects if they include below-market rate apartments.
In Wynwood Norte, ABH Developer Group, led by Alexis Bogomolni, has proposed a 36-story building called Wyn Park. The project would be located at 3311 and 3327 Northwest Second Avenue, 169 Northwest 33rd Street, and 182 Northwest 34th Street. According to city filings, Wyn Park would offer 293 apartments—studios and one- and two-bedroom units—above a nine-story parking podium with commercial space. Of these, 117 apartments would be reserved for households earning up to 120 percent of the area median income (AMI), meeting the Live Local Act’s requirement that at least 40 percent of units be set aside at below-market rates.
In Overtown, an entity linked to Alan Omsky, co-founder of KYU restaurant, has filed plans for a 55-story tower at 1210 Northwest Second Avenue and 211 and 223 Northwest 12th Street. The Kobi Karp-designed building would contain 498 apartments—studios, one- and two-bedroom units, and 200 micro-units each over 275 square feet. The application does not specify whether the micro-units will be part of the below-market allocation. The tower would also feature murals of Overtown residents by artist Yana Volf on its nine-story podium. Two hundred apartments would be offered at below-market rates.
The Miami Urban Development Review Board is scheduled to vote on both proposals at its upcoming meeting.
The Live Local Act was enacted in 2023 to address housing affordability. It allows developers to construct larger buildings if they dedicate at least 40 percent of units to households earning up to 120 percent of AMI for a minimum of 30 years.
ABH Developer Group is a Miami-based real estate investment and development firm founded in 2021. The company has previously focused on Wynwood Norte with projects such as Wyn Ave—a six-story, 44-unit apartment building with retail space—and W35, a five-story, 24-unit apartment building with retail. The Wyn Park project was initially described as a smaller mixed-use development but appears to have expanded under the new law.
Wynwood Norte was established as a district in 2021 by city officials to encourage development while preserving neighborhood character. The district covers about 140 acres between Northeast and Northwest 29th Street and 36th Street, from North Miami Avenue to Northwest Seventh Avenue.
Overtown is also seeing redevelopment activity focused on affordable housing. Housing Trust Group and NBA Hall of Famer Alonzo Mourning’s nonprofit AM Affordable Housing are developing Courtside Apartments II, a $58 million project with 120 affordable apartments in two seven-story buildings. The area is also attracting luxury development; last summer, PMG, Lion Development Group led by Michael Simkins, and Alex Karakhanian’s Lndmrk Development began sales for One West Twelve Residences—a 22-story condo project with 372 units designed for short-term rentals.
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