The Real Deal Miami

Alonzo Mourning-led project to break ground in Overtown

Retired NBA star developing the $23M project with Housing Trust Group

June 15, 2015 12:45PM

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Rendering of the Courtside Family Apartments

Rendering of the Courtside Family Apartments

Alonzo Mourning’s affordable housing apartments in Overtown will break ground next Monday, according to developers. 

Along with Housing Trust Group, the retired Miami Heat star is developing the $22.8 million, 84-unit project, the first phase of a three-phase affordable housing development in the historic neighborhood. Developers scored $21 million in financing for the project in April.

The midrise Courtside Family Apartments consists of 10 one-bedroom, one-bath units; 53 two-bedroom, two-bath units; 21 three-bedroom, two-bath units; and four work-loft units.

Amenities for the first phase will include a computer lab, library, gym, basketball court and playground. Eleven percent of the units are set aside for residents with extremely low income and the remaining 89 percent for those with a low income, which is defined as less than 60 percent of the area median income.

Phase two will be set aside for seniors and includes an estimated 120 apartments. The third phase will include about 80 residential units and will target special needs residents, such as formerly homeless, veterans or foster care students who age out of the system when they turn 18. — Katherine Kallergis