Integra Pitches $386M Deal to Remake Miami-Dade Site

Integra Pitches 6M Deal to Remake Miami-Dade Site

Integra Solutions is aiming to lead one of the largest public housing redevelopments in Miami-Dade, proposing a $385.9 million project that would increase the residential density fivefold on a 12-acre site in Brownsville and introduce a diverse array of income-restricted housing options.

The Miami-based developer has requested a 99-year ground lease and a master development agreement from the county to demolish and reconstruct the aging Annie Coleman 15 complex, transforming it into 905 new apartments, according to the South Florida Business Journal. The proposal is set to be reviewed by the county’s Housing Committee next week.

Located at 2200 and 2501 N.W. 57th Street, the existing site contains 144 public housing units dating back to 1965. Integra also controls a small neighboring parcel, which it plans to incorporate into the redevelopment.

The county began marketing the property in 2023 as part of a broader initiative to update its public housing inventory. Such projects typically combine replacement public housing with additional affordable and workforce units, though they require federal approval, which can introduce added time and complexity to the process.

Integra projects construction costs at $270.1 million, with work divided into three phases. The new development would provide enough public housing to ensure current residents can remain on-site.

The proposal features a notably diverse unit mix for a single location: 495 one-bedroom units, 187 two-bedrooms, 158 three-bedrooms, and 65 four-bedroom townhomes. Income restrictions would span from extremely low-income up to workforce housing, including 182 units reserved for residents earning 30 percent of the area median income, 270 at 60 percent, 272 at 80 percent, and 181 at 120 percent of the median.

To enhance the offering, Integra has included amenities such as a fitness center, playground, 20 homes for sale, a youth art center, 3,100 square feet of retail space, an on-site police workstation, a 5 percent share of developer fees allocated to the Brownsville Civic Neighborhood Association, and 10 percent of net cash flow dedicated to a local public art endowment.

The company’s principals—Victor Ballestas, Paulo Henrique Tavares de Melo, Jacob Conrad Morrow, and Nelson Stabile—plan to seek state financing next year through the Florida Housing Finance Corp. The firm was unavailable for comment.

If the plan moves forward, it will go before the County Commission for a vote in January.

Holden Walter-Warner

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