Two developers have submitted proposals for major residential projects in Miami under Florida’s Live Local Act, which encourages workforce housing through relaxed zoning in exchange for affordable units. Together, the projects would add 791 apartments to the city if approved.
In Wynwood Norte, ABH Developer Group, led by Alexis Bogomolni, plans to build a 36-story building called Wyn Park at several addresses along Northwest Second Avenue and nearby streets. According to filings with the city, Wyn Park would include 293 apartments—studios and one- and two-bedroom units—built atop a nine-story parking podium with commercial space. The developer has allocated 117 of these apartments at below-market rents, meeting the state law’s requirement that at least 40 percent of units be affordable for households earning up to 120 percent of the area median income (AMI). Modis Architects designed the project.
In Overtown, a company linked to Alan Omsky, co-founder of KYU restaurant, proposes a 55-story tower at addresses along Northwest Second Avenue and Northwest 12th Street. The Kobi Karp-designed building would offer 498 apartments—studios, one- and two-bedrooms—as well as 200 micro-units measuring over 275 square feet each. Of the total units, 200 would be set aside as below-market rentals. Exterior murals featuring portraits of Overtown residents by artist Yana Volf are planned for the building’s nine-story podium. The application does not specify whether the micro-units will count toward the affordable requirement.
Both proposals are scheduled for review by the Miami Urban Development Review Board on Wednesday.
The Live Local Act was passed in Florida in 2023 to increase workforce housing supply by allowing developers greater height and density if they include affordable housing. The law requires that qualifying units remain designated for those earning up to 120 percent of AMI for at least three decades.
ABH Developer Group is based in Miami and was founded in 2021 by Bogomolni. The company focuses on real estate investment and development with several projects in Bay Harbor Islands, Hollywood, Wynwood, and Wynwood Norte. Its website describes Wyn Park as originally planned as a smaller mixed-use development with multifamily housing, offices, and retail space; it appears that the current proposal expands on those plans using provisions from the Live Local Act.
Other ABH projects in Wynwood Norte include Wyn Ave—a six-story building with 44 apartments and retail space—and W35—a five-story building with 24 apartments and retail space. Both are apartment complexes located within this district.
Wynwood Norte is an area adjacent to Wynwood where city officials approved new zoning rules in 2021 to encourage development while aiming to preserve neighborhood character. The district covers about 140 acres between Northeast/Northwest 29th Street and Northwest 36th Street, from North Miami Avenue to Northwest Seventh Avenue.
Overtown has historically been a hub for Miami’s Black community but is now seeing new investment including affordable housing initiatives. One such effort involves Housing Trust Group partnering with NBA Hall of Famer Alonzo Mourning’s nonprofit AM Affordable Housing on Courtside Apartments II—a $58 million project with two seven-story buildings offering a total of 120 affordable units at locations along Northwest Third Avenue and Fourth Avenue.
Additionally, luxury developments have also arrived in Overtown: PMG joined Lion Development Group and Lndmrk Development last year to launch sales for One West Twelve Residences—a condo project featuring short-term rentals in a new high-rise near Northwest 11th Terrace.
