Integra's $386M Plan to Revitalize Miami-Dade Public Housing for Mixed-Income Growth

Key Points:

• Integra Solutions pitches a $385.9 million overhaul of the Annie Coleman 15 site in Brownsville, expanding from 144 units to 905 mixed-income apartments plus 20 for-sale homes.
• The project incorporates deep affordability tiers, commercial space, and community amenities under a 99-year ground lease with Miami-Dade County.
• Pending federal and county approvals could unlock phased construction starting next year, blending public housing with workforce options.

Miami-based developer Integra Solutions is eyeing a transformative $385.9 million deal to redevelop a dated public housing complex in Brownsville, Miami-Dade County. This public-private partnership aims to modernize the 12-acre site, boosting density and integrating market-rate elements amid South Florida's housing crunch—offering savvy investors a model for high-impact urban infill.

The Redevelopment Proposal

The plan centers on a 99-year ground lease and master development agreement with Miami-Dade County to demolish and rebuild the Annie Coleman 15 complex at 2200 and 2501 N.W. 57th Street. Originally built in 1965 with 144 units, the site—plus an adjacent parcel under contract—will see a fivefold density increase, aligning with the county's 2023 push to upgrade its public housing inventory through mixed-income strategies.

Project Details and Features

The redevelopment will deliver 905 apartments (495 one-bedrooms, 187 two-bedrooms, 158 three-bedrooms, and 65 four-bedroom townhomes) across affordability levels: 182 units at 30% of area median income (AMI), 270 at 60%, 272 at 80%, and 181 at 120%. Construction, budgeted at $270.1 million, unfolds in three phases to minimize tenant disruption. Amenities include a fitness center, playground, youth art center, 3,100 square feet of commercial space, an on-site police workstation, and revenue shares—5% of developer fees to the Brownsville Civic Neighborhood Association and 10% of net cash flow to a local public art endowment.

Involved Parties and Timeline

Led by principals Victor Ballestas, Paulo Henrique Tavares de Melo, Jacob Conrad Morrow, and Nelson Stabile, Integra is partnering with Miami-Dade County and the Brownsville Civic Neighborhood Association. Key hurdles include federal approval for public housing components, a County Commission vote in January, and state financing pursuits next year. The proposal heads to the county’s Housing Committee next week, with potential groundbreaking tied to these milestones.

Why This Matters for Investors / Landlords

This deal highlights opportunities in public-private ventures, where investors can tap into subsidized affordability mandates while capturing upside from increased density and mixed-use elements in undervalued areas like Brownsville. Landlords eyeing Miami-Dade could benefit from spillover effects—elevated property values, stabilized neighborhoods, and precedents for similar redevelopments that blend rental stability with market-rate premiums. Watch for financing structures that might open doors to tax credits or incentives, enhancing ROI in a region hungry for workforce housing.

Revitalizing Aging Public Assets

Integra's ambitious pitch positions Brownsville as a blueprint for revitalizing aging public assets, potentially reshaping Miami-Dade's investment landscape. As approvals loom, forward-looking investors should track this for cues on scalable urban renewal strategies in high-growth markets.