Developers propose a 235-unit apartment building with workforce housing near Miami International Airport.
An entity tied to Legacy Residential Group and Cayon Development Group want to build the eight-story building on a 2.3-acre site at 3685 Northwest 36th Street in unincorporated Miami-Dade County, according to an application the developers submitted to the county late last month. The site is adjacent to the Legacy 36 apartment building that Legacy and Cayon completed last year.
The project would include 30 apartments at workforce rents. Half will be for households earning between 60 percent and 79 percent of the area median income. The other half will be for households earning between 80 percent to 120 percent of the AMI. Miami-Dade’s AMI is $87,200, according to the Florida Housing Finance Corporation.
Designed by Behar Font & Partners, the project would include 2,800 square feet of retail and 365 parking spaces, the application shows.
Legacy and Cayon, both based in Miami, are asking the county to apply to the site development regulations allowed for properties near mass transit corridors. The Smart, or Strategic Miami Area Rapid Transit, Corridor Subzone of the Rapid Transit Zone applies to sites near six major roads, including State Road 112 that is near the development site.
The proposal marks a bigger project than the 201-unit building the developers reportedly had proposed in 2023. Construction had not started.
Legacy, formerly called CFH Group, has a portfolio of 6,500 multifamily units and 3,400 units in the pipeline, as well as more than 750,000 square feet of retail, office and industrial space, according to its website. Founder Tom Cabrerizo leads the firm.
Cayon’s portfolio consists of more than 3,000 single-family homes, 300 condos, 600 townhouses and 280,000 square feet of retail and industrial space, according to its website. It also owns 2,600 apartments, including some through joint ventures. Mauricio Cayon leads the firm.
Last year, Legacy and Cayon filed an application for a 309-unit workforce townhouse complex on the southeast corner of Southwest 344th Street and Southwest 199th Avenue near Florida City. The pair, along with Fenix Contractors, also proposed a 630-unit apartment complex in 2023 on 20 acres at the southeast corner of Southwest 252nd Street and Southwest 145th Avenue. The site is outside Miami-Dade’s Urban Development Boundary.
In 2022, Legacy paid $17.4 million for the 88-unit Stirling Village apartment complex at 4150 Davie Road Extension in Hollywood.