Developer Group Okayed for N. Miami 11-Story Apartments/Retail
NOMI Holdings Group 2 LLC has been granted North Miami’s approval to build an 11-story, 103-foot tall tower with 90 one-bedroom apartments, 150 two-bedroom apartments, about 22,000 square feet of retail space, 339 parking spaces, and about 11,000 square feet of green space.
The mixed-use project, called Urbania NoMi 6th Ave, will be built on a 2.74-acre site at 12830 NE Sixth Ave. and 575 N.E. 127th St. where a church, a private school, and a single-family home now stand.
The S. Florida Business Journal reports that NOMI Holdings Group 2 LLC, a partnership between Miami-based SP Developments and Continua Developments, invested $6.92 million in assembling the site in 2022. NoMi 6th Ave. will cost $58.9 million to build.
The developers intend to reserve between 80% and 90% of NoMi 6th Ave’s units for moderate-income housing.