NEW YORK: The five hundred and ninetieth entry for the seniors housing Global Awards for 2015 has been received.
Pinnacle Housing Group wants to build 250 affordable housing units near Cutler Ridge in southern Miami-Dade County.
Caribbean Village, an affiliate of the Miami-based developer, filed a zoning application with the county to build the project on a 3.4-acre site that’s currently a parking lot for the South Miami-Dade Busway, a dedicated lane for county buses that runs along U.S. 1 to the Dadeland South Metrorail Station. It’s a major public transit line for residents because U.S. 1 is often congested.
Pinnacle Housing Partner Mitchell M. Friedman said the units would primarily be restricted to people making no more than 60 percent of average median income, with some units reserved for those earnings 30 percent or less. He said some market-rate apartments might also be included.
Caribbean Village would have two buildings, one 124 units for the elderly and one 126 units for other renters.
