Prestige Builders Group seeks rezoning to build 212 apartments in Hialeah

Prestige Builders Group seeks rezoning to build 212 apartments in Hialeah

Saturday, June 2, 2018

Rendering of planned apartments at 7755 West 4th Avenue in Hialeah (Credit: South Florida Business Journal / Berger Singerman)

An affiliate of Miami Lakes-based Prestige Builders Group proposed a development that would replace an industrial property in Hialeah with 212 apartments.

The affiliate of Prestige Builders, Hialeah 7.65 LLC, applied to Hialeah’s municipal government to build a nine-building apartment complex on the site of a 62-year-old industrial building.

The developer paid $10.5 million in 2017 for the industrial property at 7755 West 4th Avenue (Red Road) in Hialeah, just south of Miami-Opa Locka Executive Airport.

Prestige Builders plans to ask the city to rezone approximately half of the 5.2-acre site for apartment development. Albert Gonzalez is the project’s architect.

The Hialeah City Council may consider whether to approve the proposed rezoning on June 12. The council approved a platting of the site into two parcels on May 22.

Javier Vazquez, an attorney with Berger Singerman who represents Prestige Builders, told the South Florida Business Journal that 2.45 acres of the development site along Red Road would not be rezoned.

Vasquez also told the Business Journal that Prestige Builders built an 82-unit apartment property on a nearby site in Hialeah. In January, Prestige started construction of a 174-unit apartment property at 7925 West 2nd Court in Hialeah. [South Florida Business Journal] – Mike Seemuth


Source: The Real Deal