Modena Housing has proposed a third apartment complex in central Miami-Dade County, this time within walking distance of a Metrorail Station.
Hallandale Beach-based 2450 NW 62 St LLC, managed by Alejandro Ambrugna and Alejandro Garcia of Modena Housing, filed a pre-application with county officials for Modena 62. The project would rise eight stories on the 0.22-acre site at 2450 N.W. 62nd St.
The developer acquired the vacant property for $280,000 in 2020. It’s a block southeast of the Dr. Martin Luther King Jr. Plaza Metrorail Station in the Model City/Gladeview neighborhood.
Modena 62 would total 56,460 square feet with 45 apartments, a small retail space and 18 parking spaces. In order to utilize a workforce housing density bonus, the developer would include six affordable housing units in the project.
The project would have fewer than one parking space per unit to encourage ridership on the Metrorail, which leads to employment centers such as downtown Miami, the Health District and Miami International Airport.
There would not be any major amenity space in the building.
Architect Yanina Mauro, of Weston-based Red Octopus, which designed the project, couldn’t be reached for comment. Developers filed pre-applications to receive feedback from county staff before submitting official applications.
This is the third project Red Octopus has designed for Modena Housing, with the other two in the West Little River neighborhood. Both Model City and West Little River are historically Black neighborhoods that haven’t seen much multifamily development in recent years.
There’s strong demand for workforce housing in Miami-Dade as rental rates spike.
Sourse: South Florida Bussines Journal
