A total of 791 residential units are planned for two new Live Local Act projects proposed by separate developers in Miami, according to recent filings with the city. The projects continue a trend of applications under the state’s workforce housing law, which aims to increase affordable housing options.
In Wynwood Norte, Alexis Bogomolni’s ABH Developer Group has proposed a 36-story building called Wyn Park at 3311 and 3327 Northwest Second Avenue, as well as adjacent sites. The project would include 293 apartments—studios and one- and two-bedroom units—above a nine-story parking podium with commercial space. Of the total units, 117 would be rented at below-market rates, meeting the Live Local Act’s requirement that at least 40 percent of units serve households earning up to 120 percent of the area median income. Modis Architects designed the project.
A separate development is proposed in Overtown by an entity tied to restaurateur Alan Omsky, co-founder of KYU restaurant. This 55-story tower at 1210 Northwest Second Avenue and neighboring parcels would have 498 apartments, including studios, one- and two-bedroom units, plus 200 micro-units over 275 square feet each. The application does not specify if the micro-units will be among the below-market rentals. The tower will feature a nine-story podium with exterior murals by artist Yana Volf depicting portraits of Overtown residents. Kobi Karp is the architect.
Both projects will be considered by the Miami Urban Development Review Board at an upcoming meeting.
The Live Local Act was approved by the state in 2023 to allow developers greater density if they provide below-market rate apartments reserved for those earning up to 120 percent of the area median income for at least three decades.
ABH Developer Group, based in Miami and founded in 2021 by Bogomolni, focuses on real estate investment and development with several projects in Bay Harbor Islands, Hollywood, Wynwood, and Wynwood Norte. Its previous plans for Wyn Park described it as a smaller mixed-use project with multifamily units, offices, and retail space. The company has also developed other apartment buildings in Wynwood Norte: Wyn Ave (six stories, 44 units) at 3332 Northwest Fifth Avenue with retail space; and W35 (five stories, 24 units) at 319 Northwest 35th Street.
Wynwood Norte was established as a district near Wynwood in 2021 to encourage new development while maintaining local character. The district covers about 140 acres between Northeast/Northwest 29th Street and 36th Street, from North Miami Avenue to Northwest Seventh Avenue.
Overtown has seen increased redevelopment activity focused on affordable housing. Projects include the $58 million Courtside Apartments II by Housing Trust Group and NBA Hall of Famer Alonzo Mourning’s nonprofit AM Affordable Housing. This development will offer 120 affordable apartments across two seven-story buildings on Northwest Third Avenue and Fourth Avenue.
At the same time, luxury developments are emerging in Overtown. Last summer saw the launch of sales for One West Twelve Residences—a short-term rental-friendly condominium project with 372 units across a 22-story tower—by PMG, Lion Development Group led by Michael Simkins, and Lndmrk Development headed by Alex Karakhanian.
