Infinity Collective Eyes Rezoning for 14-Story Alton Mixed-Use Project in Miami Beach

• Infinity Collective seeks approval for a 184-unit mixed-use tower
• Site acquired for $28.25M via foreclosure in 2025
• Plans include 85K SF retail + 35K SF office

Rezoning effort could unlock major density upside

Infinity Collective is heading to the Miami Beach Planning Board to seek rezoning approval for a 14-story mixed-use project known as The Alton. The site was previously approved for a six-story development, but those plans stalled. This new proposal significantly increases scale, showing a clear push to maximize density and returns.

Distressed acquisition sets up value creation

The developer acquired the 1.38-acre site for $28.25 million via foreclosure in 2025. That entry point likely provides a pricing advantage compared to today’s land values in Miami Beach. This is a classic repositioning strategy. Buying distressed assets and securing new entitlements can dramatically increase project value before vertical construction even begins.

Project mixes residential, retail, and office demand

Plans call for 184 residential units, supported by a sizable commercial component. The development would include 85,000 square feet of lifestyle retail and more than 35,000 square feet of office space. The inclusion of retail and office reflects continued demand for mixed-use environments where residents can live, work, and shop in one location.

The existing site shows a transition underway

The property currently includes over 51,000 square feet of commercial space, with some businesses already vacating. That shift signals the area is preparing for redevelopment. As older retail stock clears out, it opens the door for higher-value mixed-use projects.

Location supports long-term investment thesis

The site spans Alton Road and West Avenue, near Belle Isle in Miami Beach. This area has seen increasing development activity as demand expands beyond traditional core locations. Its proximity to waterfront areas and established neighborhoods strengthens its long-term appeal for both residents and retailers.

Design and amenities align with modern product

The project, designed by PBDW Architects, will feature a rooftop pool, padel court, and structured parking. These amenities reflect current buyer and renter preferences in Miami, where lifestyle-driven features are key to absorption and pricing.

What this means for Miami Beach development investors

Infinity Collective’s proposal highlights a growing trend. Developers are targeting underutilized sites and pushing for higher density through rezoning. For investors, the opportunity lies in entitlement plays. Securing approvals in supply-constrained markets like Miami Beach can significantly boost land value and long-term returns.