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Mixed Use

Apr 3, 2026

Crescent Heights Eyes 15-Story Live Local Project On Collins Ave In Miami Beach

Crescent Heights Eyes 15-Story Live Local Project On Collins Ave In Miami Beach

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Traded Media
Traded Media

Traded Editorial

2 min read
  • Crescent Heights proposes 15-story mixed-use project with 29 units
  • 40% of units designated as workforce housing under Live Local Act
  • Unique narrow-site design eliminates traditional parking garage

What the proposal means for Miami Beach development

An affiliate of Crescent Heights is moving forward with a 15-story residential project at 1826 Collins Avenue, marking what could become Miami Beach’s first affordable housing development under the Live Local Act. The project introduces a small-scale but high-impact development in a supply-constrained market. If approved, it would add new housing inventory in a prime coastal location where development opportunities are limited. The proposal is set to go before the city’s Planning Board in early May.

What the unit mix means for affordability strategy

The project will include 29 residential units, with 40 percent designated as workforce housing for households earning up to 120 percent of area median income. Affordable units will be smaller, ranging from 400 to 475 square feet, while market-rate units will include larger one-bedroom layouts and penthouses. This structure allows the developer to comply with Live Local incentives while maintaining revenue through higher-end units.

What the site constraints mean for design innovation

The development sits on a narrow 9,500-square-foot parcel, creating design challenges, particularly around parking. Instead of a traditional garage, the project will use a valet-operated car elevator system to manage vehicles efficiently within limited space. This approach reflects how developers are adapting to tight urban sites while still delivering functional, high-density housing.

What this means for Miami’s Live Local pipeline

This proposal highlights how developers are beginning to utilize Florida’s Live Local Act to unlock new housing projects, even in high-cost markets like Miami Beach. By allowing increased density and streamlined approvals, the law is encouraging mixed-income developments in areas that previously lacked affordable housing options. If approved, this project could set a precedent for similar developments across South Florida.

What this means for developers and investors

Crescent Heights’ proposal shows how smaller infill projects can still deliver strong value when paired with smart zoning incentives. For developers, leveraging programs like Live Local can make challenging sites financially viable. For investors, mixed-income projects in prime locations offer a balance of stable demand and upside potential. As policy continues to shape development, expect more creative, high-density projects like this to emerge in constrained urban markets.

#Florida#Mixed Use#Multifamily#Development Site
Published: Apr 3, 2026Last updated: April 3, 2026