Coral Rock Development is planning Dolce Vida, a $75 million mixed-use project on the site of a former library in Miami’s Allapattah neighborhood.
The Coral Gables-based company has entered into an agreement with the City of Miami to purchase the 1.3-acre site at 1785 NW 35th Street, according to a release. Coral Rock and its partner, Miami Bethany Community Services in Allapattah, are planning an eight-story building that will include 200 affordable and workforce housing apartments and a new library on the ground floor.
Dolce Vida, designed by Miami-based Behar Font & Partners, will have 85 affordable housing units and the remainder will be workforce housing apartments, the release said. Rents start at $1,084 for a studio, $1,161 for a one-bedroom unit and $1,393 for a two-bedroom. The rent includes utilities, the release said.
Coral Rock is expected to break ground in the third quarter of next year and complete Dolce Vida in 2025. During the construction phase, the existing Allapattah Library will be temporarily relocated to a nearby property.
Under the leadership of Principals Stephen Blumenthal, David Brown, Victor Brown, and Michael Wohl, Coral Rock is focused on developing a multifamily and mixed-use workforce and affordable housing projects.
In February, the Florida city approved Coral Rock’s planned Card Sound Key condominium project, consisting of six four-story buildings with 342 units on 13 acres at the southwest corner of Crome Avenue and South Dixie Freeway. Coral Rock expects to break ground on the Card Sound Key condos next year.
In North Miami, Coral Rock is proposing Kayla at Library Place, a 10-story building with 138 apartments, 55 of which will be affordable housing and the remainder will be workforce housing. The project is slated for the Greater North Miami Chamber of Commerce City Hall at 13100 West Dixie Freeway.
Last year, Coral Rock completed the Pura Vida Hialeah project, a mixed-use complex with 260 rental units and more than 50,000 square feet of commercial space at 2901-3099 West 16th Avenue and 1571 West 29th Street in Hialeah.