Luxury Builder CWV Group Files Plans for New 104‑Unit Rental Project in Allapattah

Key Points

• Location: 1027–1035 N.W. 36th Street, Allapattah, Miami — adjacent to Moore Park and within three blocks of the Allapattah Metrorail Station.

• Project Scope: An eight‑story building featuring 104 residential units, 1,800 square feet of ground‑floor retail space, and 56 parking spaces, using Miami's Live Local Act for increased density.

• Workforce Housing Component: 40% of units (about 42 units) will be designated for households earning up to 120% of Area Median Income (AMI).

• Developer & Design Team: Developed by Octavio Rinaldi’s CWV Group, in partnership with property owner Founders Building LLC, and designed by Caymares Martin Architecture. Groundbreaking is expected in 2026.

For the first time in its 25-year history of building luxury homes, CWV Group is pivoting into multifamily development with a project in Allapattah, one of Miami’s rapidly transforming neighborhoods. The firm has filed plans for a compact yet impactful development under the Live Local Act, aiming to break ground by 2026.

Project Highlights & Strategy

• Density Through Legislation: While local zoning permits up to 36 units per acre, CWV will use the Live Local Act to deliver 104 units on a 22,750-square-foot site, maximizing height and density allowances.

• Unit Breakdown:

  • 46 studios

  • 16 one‑bedrooms

  • 6 one‑bedrooms with dens

  • 36 two‑bedrooms

• Retail and Parking Mix: 1,800 square feet of retail will activate the street level, while 56 parking spaces aim to balance walkability with car access, especially near a major transit hub.

Live Local Act Advantages

• Allows increased height and density without a lengthy rezoning process.

• Requires 40% workforce housing, targeting households up to 120% AMI.

• Quickly becoming a tool of choice for developers across South Florida, enabling faster project timelines and denser residential yields.

Why Allapattah Makes Sense

• Proximity to Transit and Employment: The site is near Wynwood, downtown Miami, and the Health District, and just three blocks from the Allapattah Metrorail Station.

• Cost-Effective Land Values: Land in Allapattah remains more affordable than core Miami areas, providing more development flexibility.

• Emerging Multifamily Hotspot: More developers are turning to Allapattah, taking advantage of Live Local incentives to deliver larger, mixed-income projects without long rezoning delays.

CWV Group’s entry into multifamily development—anchored by the Live Local Act—marks a strategic shift toward higher-density, transit-oriented rental assets with workforce affordability. For real estate investors and landlords, this project is a signpost of what’s coming next in Allapattah and a case study in how to navigate new development frameworks effectively.