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Jul 15, 2015 - South Florida Business Journal
Big-name developers competing for $74M Miami-Dade affordable housing project
By Brian Bandell
Miami-Dade County is looking to redevelop the Liberty Square affordable housing complex.
Some of South Florida’s biggest builders are among the six developers competing to redevelop Liberty Square in Miami as part of the county’s $74 million affordable housing project.
The Liberty Square Rising project would create a new income-restricted community on the Lincoln Gardens site at 4750 N.W. 24th Court, and relocate the residents of the older 753-unit Liberty Square buildings, which would be demolished and rebuilt on the 67-acre site at 1415 N.W. 63rd St.
Over the years, Liberty Square has been troubled by poverty and crime, and its infrastructure is outdated. Miami-Dade Mayor Carlos A. Gimenez hopes to leverage up to three times the county’s $74 million commitment in private dollars to revitalize the area and build community amenities.
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Miami-Dade County Public Housing and Community Development issued a request for applications to developers. These are the developers that submitted applications:
County staff said the rules of the RFA process prevented them from making the details of the applications public, including the amount of private investment offered. Once the winning proposal is selected, the county commission would need to approve the contract at a public hearing.
- RUDG, an affiliate of the Related Group, South Florida’s largest condo developer with decades of experience in affordable housing.
- Atlantic Pacific Communities, one of the region’s largest affordable housing developers.
- Carrfour Supportive Housing, a nonprofit provider of affordable housing, mostly to the homeless.
- Centennial Management Corp., which owns 13 rental communities in Florida.
- A partnership between Virginia-based Community Housing Partners Corp. and Miami Waymark 2.0 Joint Venture LLC, which includes Neighborhood Housing Services of South Florida.
- Miami Redevelopment Partners LLC, led by Mark E. Gardner, Michael C. Gardner, Adam C. Horton and Joseph Chambers.