Atlantic Pacific targets public sites for Miami-Dade’s affordable housing expansion
Atlantic Pacific Companies is bringing hundreds of affordable housing units to publicly owned sites in Miami-Dade County across two land-lease deals. The Boca Raton-based firm plans 364 income-restricted apartments on part of a school property that it is leasing from Miami-Dade County Public Schools. And it’s building 250 apartments on a county-owned public housing site in Overtown. In the deal with the school district, Atlantic Pacific is entering a 99-year lease for 10 acres at 11700 Southwest 216th Street, the Miami Herald reported. The developer will pay the school district $12.7 million. The property is part of the Arthur and […]This article originally appeared on The Real Deal. Click here to read the full story.
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