Miami board approves two new Live Local Act towers with nearly 800 apartments

Alexis Bogomolni, Founder and CEO of ABH Developer Group
Alexis Bogomolni, Founder and CEO of ABH Developer Group - ABH Developer Group
0Comments

Two new residential towers have received approval from Miami’s Urban Development Review Board (UDRB), advancing the city’s efforts to expand affordable and workforce housing under Florida’s Live Local Act. The projects, located in Wynwood Norte and Overtown, will bring nearly 800 new apartments to the area.

ABH Developer Group, led by Alexis Bogomolni, plans to build Wyn Park, a 36-story tower designed by Modis Architects. The development will include 293 apartments and a rooftop restaurant, located at 3311 and 3327 Northwest Second Avenue, 169 Northwest 33rd Street, and 182 Northwest 34th Street in Wynwood Norte. In Overtown, an entity connected to Alan Omsky, co-founder of the KYU restaurant, is proposing a 55-story tower designed by Kobi Karp. This building will offer 498 units at 1210 Northwest Second Avenue and 211 and 223 Northwest 12th Street.

Both developers have committed to designating 40 percent of their apartments—117 units at Wyn Park and 200 units in Overtown—for households earning up to 120 percent of the area median income. This meets the requirements set by the Live Local Act.

The UDRB approved both projects during its Wednesday meeting. The Overtown tower received strong support from board members and was approved with a unanimous vote among those present. Board member Dean Lewis said, “I really do appreciate the project. And you get an economy of gesture without overly pushing.” The building will feature permanent exterior murals of Overtown residents by artist Yana Volf. Architect Kobi Karp commented, “We have an opportunity to bring the art of Overtown into Overtown,” adding that the tower will be built to condominium standards. “Some people said to me, ‘We would like to have a quality project in the community that is within the Live Local [Act].’”

The Wyn Park tower received more mixed feedback. Lewis expressed reservations about the design: “I just can’t get on board with it as a successful articulation. … The attempts on the façade. The Lego-esque pieces,” he said. He also noted the lack of clear signage for the rooftop restaurant and questioned how the design fits Miami’s diverse character. UDRB Chair Ligia Ines Labrada offered a more positive view: “I really don’t mind how you weaved the podium with the tower,” she said, while suggesting adjustments to colors and other elements. Labrada and board member Manuel Gustavo Gallardo voted to approve Wyn Park with conditions requiring revisions to aspects such as rooftop design and façade materials; Lewis voted against it.

The board’s recommendations are advisory only; final approval rests with city planning and zoning officials.

Developers across Miami have increased proposals under the Live Local Act since it was enacted in 2023 and subsequently amended. The law allows for larger developments if affordable and workforce housing is included, with income restrictions lasting at least 30 years.

Other recent Live Local Act projects in Miami include Calta Group’s Anatomia in Allapattah—a 30-story building with 499 units—and Midtown Capital’s planned 22-story tower with 348 units in Little River. The largest known Live Local Act project in South Florida is being planned by Spanish developer Pablo Castro and Laura Tauber of Taubco: The HueHub will feature seven towers and more than 4,000 apartments in West Little River.



Related

Harry K. Sideris‌, President and Chief Executive Officer at Duke Energy Florida

Duke Energy releases first-quarter 2026 financial results and schedules investor call

Duke Energy has published its first-quarter financial results for 2026 on its website. Company leaders will discuss these results during an investor call today, with a recording available online by May 6.

Stephen M. Ross, Owner of the Miami Dolphins and Hard Rock Stadium

Formula 1 drivers invest in Miami real estate as Grand Prix draws luxury buyers

Formula 1’s arrival in Miami continues fueling luxury real estate deals involving star drivers like Sergio Pérez and Pierre Gasly. Developers use major events such as F1 races as opportunities to market high-end properties.

Manny Medina, Founder and Managing Partner at Medina Capital

Billionaire Manny Medina finds buyer for $30 million Coral Gables mansion

Miami billionaire Manny Medina has found a buyer for his waterfront Coral Gables mansion listed at nearly $30 million amid strong activity in Miami-Dade’s luxury real estate market last week. According to industry reports, both single-family homes and condos saw robust contract signings among high-end properties.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Ft. Myers Business Daily.