Eastern Atlantic plans affordable housing project in Little Havana

Site is a parking lot that spans 15,000 sf

Miami /
Aug.August 01, 2018 10:30 AM

Project site and Eastern Atlantic’s Kyle Merville

Eastern Atlantic Companies is proposing to build an affordable housing apartment project in Little Havana.

The Miami-based firm wants to develop First & Sixth, a 100-unit rental building at 35 Southwest Sixth Avenue, according to a permit filed with the city of Miami. The development would add to a slew of apartment buildings underway in the area, which lies near the Miami River.

The 13-story tower will feature roughly 2,350 square feet of ground-floor retail space, according to a project description posted on Brevitas.

The project will offer studio, one-bedroom, and two-bedroom units featuring floor-to-ceiling windows and European-style kitchens, Eastern Atlantic’s Kyle Merville said via email. Amenities will include on-site bicycle storage, a rooftop pool and a fitness center.

The site is a parking lot that spans 15,000 square feet. Eastern Atlantic Companies purchased the property in June for $1.6 million under the entity 35 SW 6th Avenue LLC, led by Eric Milne. Records show the seller is Sylvia Urlich Fox under the Sylvia Urlich Fox Land Trust Agreement dated August 19, 2014.

The proposed 130,000-square-foot building will provide affordable and workforce housing options. The total cost on the permit is estimated at $21.7 million, records show. Soliman Structures Inc. is the contractor.

First & Sixth joins several other proposed multifamily projects in Little Havana. Earlier this year, developer Alan Amdur proposed a 19-story senior and workforce housing project on a 2.84-acre block between West Flagler Street and Northwest First Street. Mast Capital is also building Miami River Walk, a 688-unit, eight-story project on 6.3 acres along the Miami River at 1001 Northwest Seventh Street.


Related Articles

arrow_forward_ios
12350 Biscayne Boulevard and buyer Yoram Izhak (Google Maps)
Johnson & Wales sells more North Miami properties for $21M
Johnson & Wales sells more North Miami properties for $21M
The Buena Vista Gardens in Little Haiti (Apartments.com)
Bowery Properties buys Little Haiti apartment portfolio for $12M
Bowery Properties buys Little Haiti apartment portfolio for $12M
David Grutman and Pharrell’s Goodtime Hotel had received nearly 30 noise violations (Carma Connected, Getty)
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
Related Companies Chairman Stephen Ross with One Flagler (Related, Getty)
Prayers answered? Related Companies closes on church site for planned office tower in downtown West Palm
Prayers answered? Related Companies closes on church site for planned office tower in downtown West Palm
Grover Corlew principal Mark Corlew with Bank of America Tower in Boca Raton (Grover Corlew)
Grover Corlew buys Bank of America Tower in Boca Raton for $45M
Grover Corlew buys Bank of America Tower in Boca Raton for $45M
Walton Street Capital Managing Partner Eric Mogentale with the complex (Alta Developers, Walton Street Capital)
Walton Street Capital buys Boynton Beach apartments for $93M
Walton Street Capital buys Boynton Beach apartments for $93M
The partially collapsed 12-story Champlain Towers South condo building (Getty)
Inside the tug-of-war over the Surfside condo site’s future
Inside the tug-of-war over the Surfside condo site’s future
Avery Pompano Beach apartments with Yaakov Frankforter of Frankforter Group (LinkedIn via Frankforter, Avery Pompano Beach)
Frankforter Group buys Pompano Beach apartments for $43M
Frankforter Group buys Pompano Beach apartments for $43M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...