Housing Trust Group Plans 108 Unit Expansion at Princeton Park in Miami Dade

• Housing Trust Group is proposing a 108-unit second phase at Princeton Park
• The project will span nearly 80000 square feet across eight stories
• Development includes structured parking and new amenities

What Housing Trust Group is planning in Princeton

A second phase of Princeton Park has been proposed in Miami-Dade County, led by Housing Trust Group. The expansion would add 108 residential units at 13105 SW 248th Street. The project will rise eight stories and include one and two-bedroom units ranging from 650 to 1000 square feet. This follows the first phase, completed eight years ago, which delivered 150 units. The development is being advanced through HTG Princeton Park LLC, an affiliate of the developer.

What the scale and design signal for investors

The second phase will require nearly 80000 square feet of construction and will sit on an 8.5-acre site. Plans include a parking structure with 229 spaces, along with 86 additional surface spots shared across both phases. Amenities will include a swimming pool located above the parking structure, maximizing usable space while maintaining efficiency. The project is being designed by Corwil Architects and reflects a mid-rise approach focused on delivering density in a suburban setting.

What this means for Miami Dade multifamily demand

This proposal highlights the continued expansion of the workforce and rental housing in Miami-Dade County. Developments like this are targeting renters seeking more affordable options outside core urban areas. The combination of moderate unit sizes and shared infrastructure supports long-term operational efficiency for landlords. As population growth continues across South Florida, phased developments like Princeton Park allow developers to scale projects while managing risk.

What to watch as approvals move forward

The project is currently in the pre-application phase, where feedback from the community and local officials will shape final plans. If approved, this second phase would significantly expand the existing property and reinforce demand for rental housing in the area.