Infinity Collective Advances Mixed-Use Proposal for Alton Road Site in Miami Beach

• Infinity Collective moves forward with 14-story mixed-use plan
• 184 residential units with retail and office components
• Proposal headed to Miami Beach Planning Board

What the proposal means for Alton Road redevelopment

Infinity Collective is advancing a new mixed-use development proposal for a 1.4-acre assemblage along Alton Road in Miami Beach. The project replaces a previously approved office plan that never moved forward, marking a shift toward a more residential-focused use. The proposal will require approval from the Planning Board, followed by a City Commission vote.

What the project scale means for positioning

Plans call for a 14-story building with 184 multifamily units, along with 85,000 square feet of retail and more than 35,000 square feet of office space. The project also includes structured parking and recreational features such as a padel court and rooftop amenities. This program positions the development as a full-scale mixed-use asset designed to activate a key corridor in Miami Beach.

What the ownership structure means for the deal

The development entity, Alton Ventures Development, is majority-owned by Infinity Collective executives Steven Kassin and Albert Kassin. The site was acquired through a deed in lieu of foreclosure for $28.3 million, following the previous owner’s stalled project. This acquisition reflects opportunistic investment strategies as developers reposition underperforming assets.

What restrictions mean for long-term use

As part of the proposal, the developer has committed to restricting short-term rentals and hotel use on the site for 30 years. This aligns the project with long-term residential housing rather than transient occupancy.

What this means for Miami Beach development trends

The shift from office to mixed-use residential highlights changing market dynamics in South Florida, where demand for housing continues to outpace office development. Projects like this demonstrate how developers are adapting to evolving market conditions.