Prestige Builders Group seeks rezoning to build 212 apartments in Hialeah

An aging industrial property occupies the proposed development site at 7755 West 4th Ave., which an affiliate of Prestige Builders bought last year for $10.5M

TRD MIAMI /
Jun.June 02, 2018 04:00 PM

Rendering of planned apartments at 7755 West 4th Avenue in Hialeah (Credit: South Florida Business Journal / Berger Singerman)

An affiliate of Miami Lakes-based Prestige Builders Group proposed a development that would replace an industrial property in Hialeah with 212 apartments.

The affiliate of Prestige Builders, Hialeah 7.65 LLC, applied to Hialeah’s municipal government to build a nine-building apartment complex on the site of a 62-year-old industrial building.

The developer paid $10.5 million in 2017 for the industrial property at 7755 West 4th Avenue (Red Road) in Hialeah, just south of Miami-Opa Locka Executive Airport.

Prestige Builders plans to ask the city to rezone approximately half of the 5.2-acre site for apartment development. Albert Gonzalez is the project’s architect.

The Hialeah City Council may consider whether to approve the proposed rezoning on June 12. The council approved a platting of the site into two parcels on May 22.

Javier Vazquez, an attorney with Berger Singerman who represents Prestige Builders, told the South Florida Business Journal that 2.45 acres of the development site along Red Road would not be rezoned.

Vazquez also told the Business Journal that Prestige Builders built an 82-unit apartment property on a nearby site in Hialeah. In January, Prestige started construction of a 174-unit apartment property at 7925 West 2nd Court in Hialeah. [South Florida Business Journal] – Mike Seemuth


Related Articles

arrow_forward_ios
Armando Codina and his daughter, Ana-Marie Codina Barlick and Beacon Logistics Park

Biggest private corporation in US inks lease at Beacon Logistics Park

IMC Equity’s Yoram Izhak and 1490 West 49th Place (Credit: Google Maps)

IMC Equity snags Hialeah office building from Cofe Properties

From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

1000 Southeast 8th Street, Andrew Gurewitsch and Harry Weisman and Barry Katz

Duty Free Americas owner will have to pay taxes on this sale

Daily Digest Miami

Lawsuit accuses Douglas Elliman’s Jay Parker of backing out of real estate commission agreement, Elysee Investments picks up Fort Lauderdale retail center: Daily digest

Camilo Niño and Pasteur Medical Center

Linkpoint Properties nabs Pasteur Medical Center in Hialeah for $5M

RREEF Property Trust’s CEO W. Todd Henderson and Centergate at Gratigny

RREEF America buys Hialeah industrial property for $178M

From left: Alejandro Arias, Keren Marti, Avra Jain, Carolina Herrera, Luis Gonzalez, and Melissa Rose (Credit: Brett Hufziger Photography, Google Maps)

New frontier? Developers look to Hialeah

arrow_forward_ios
Loading...