NuRock Companies has submitted plans for a new 130-unit affordable apartment project near Opa-locka, in unincorporated Miami-Dade County. The proposed development, named Heritage at Gratigny Park, would be built on an almost 1-acre vacant lot at the southwest corner of Northwest 120th Terrace and Northwest 27th Place. The site is located in a predominantly industrial area.
The company, based in Alpharetta, Georgia, filed a request with Miami-Dade County for zoning verification. This process helps determine what development regulations apply to the property and whether there are any outstanding violations. NuRock’s application also indicates it will seek funding from the Florida Housing Finance Corporation (FHFC), which provides financing for affordable and workforce housing projects through mechanisms such as low income housing tax credits. FHFC typically requires zoning verification from local authorities before awarding funds.
In addition to this project, NuRock is planning another 130-unit multifamily building nearby under the Live Local Act. This state law encourages developers to build below-market rate apartments by offering property tax incentives and permitting larger developments. The planned Residences at West View Landing would rise 11 stories on the southeast corner of Northwest 27th Avenue and Northwest 123rd Street. All units are slated for households earning up to 80 percent of the area median income (AMI), exceeding the law’s requirement that only 40 percent of units be set aside for tenants earning up to 120 percent of AMI.
Records show that NuRock acquired the two-lot site for Residences at West View Landing in May for $2.6 million.
The land intended for Heritage at Gratigny Park is owned by an entity linked to Art + Tec Development, a Bay Harbor Islands-based firm led by Gabriel Boano and Paula Lowenstein Boano. In 2021, Art + Tec had proposed an eight-story, 168-unit apartment building on this property but did not move forward with construction.
NuRock specializes in developing and managing multifamily properties focused on affordable housing. Robert Hoskins serves as managing principal of the firm.
Elsewhere in South Florida, NuRock has completed other affordable housing projects including Crystal Lake—a 92-unit complex in Pompano Beach—and Heritage at Pompano Station with 116 units, both containing affordable apartments. Last year, NuRock finished building Residences at Naranja Lakes: a pair of five-story buildings totaling 140 units in south Miami-Dade’s Leisure City neighborhood.
In Hollywood, NuRock has plans for a new 134-unit apartment project aimed at low-income families on Washington Street. In support of this initiative, Hollywood city commissioners voted in 2022 to lend $640,000 to assist with NuRock’s application to FHFC.
Affordable housing developers like NuRock continue their activity despite market downturns because demand remains high among residents unable to afford market-rate rents in Miami-Dade County. Developers often rely on tools such as low income housing tax credits (LIHTC), government subsidies and grants that can help improve financial returns.
