Construction has broken ground on the new US$158 Gallery at West Brickell housing development in Miami. The project consists of an apartment complex with units that will be available for rent. Some at market rate and some with government subsidies. Additionally, the development will have a public school with 10 flats for Miami-Dade County Public Schools personnel.
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The 2.82-acre construction site sits along Brickell Avenue. This is just east of Interstate 95 and west of the high-rise coastal structures with opulent facilities, and hotels, in addition to office towers. Moreover, the expanding neighborhood is also close to Little Havana and Downtown bars, clubs, and dining establishments.
More on The Gallery at West Brickell
The Gallery will be 24-storeys tall. It will have more than 450 apartments, including studios and one, two, and three-bedroom flats, as well as a shared parking garage. Additionally, it has a pool terrace on the vacant property on the corner of Southwest Second Avenue and 10 Street. The location is south of the Miami River.
According to Albert Milo, Jr., the head of the Related Urban Development Group, a Related Group business focusing on workforce and affordable housing, The Gallery’s inventory include units to be leased exclusively to qualified low-income renters.
The fact that Metrorail and Metromover are just five minutes away from this site is significant. Since you won’t need a car, inexpensive housing located near dependable public transportation is even more affordable, according to District 5 Miami-Dade Commissioner Eileen Higgins.
The different types of housing according to HUD 2016
Housing and Urban Development, or HUD, in the United States, defined “affordable” in 2006 as not exceeding 30% of the resident’s gross income. Residents in Miami-Dade who earn between 60% and 140% of the neighborhood median income, which was most recently $68,300, are considered to be in the “workforce.”
“Mixed-income housing is important; housing is only one aspect of the issue. Regarding the national approach with funding and tax breaks for private developers, Milo remarked, “We have workforce housing, affordable housing, and market-rate housing.
