MIAMI — Related Group and Miami-Dade County have broken ground on The Residences Palm Court, a 316-unit mixed-use, mixed-income LIHTC project at 950 NW 95th St. in Miami. Out of the 316 homes, 191 will be reserved specifically for seniors. Rents are capped at levels varying across the community from 20 to 80 percent of area median income. Completion is slated for late 2027. The project is a redevelopment that will replace two former public housing communities built during the 1970s. According to Related Group, all current on-site senior residents will return without displacement or added cost.
Each apartment will include energy-efficient appliances, granite countertops, impact windows, central air conditioning and vinyl flooring. Select units will offer in-unit washers and dryers. The community will be home to a fitness center, coworking spaces, a multipurpose room, a computer lounge, walking paths, bike storage, a dog park and on-floor laundry. A community center is also included in the project, which will serve residents by providing mental and physical health resources. The project is being partially funded by $3.5 million in county HOME funding, a home-investment partnership program that supports development of affordable housing.