Related Group Targets 842-Unit Workforce Tower at Jackson Memorial Campus in Miami

Key Points

• Related Group plans an 842-unit development within Miami’s Health District, featuring two towers, one with 460 units and another with 382.

• At least half of the units will be designated for affordable or workforce housing, aimed at medical employees earning between 50% and 120% of area median income.

• The project includes retail and hotel space and uses Florida’s Live Local Act to boost height and density allowances.

Miami’s Health District is getting a major residential addition. Related Group has revealed plans to build two mixed-income residential towers next to Jackson Memorial Hospital, designed to serve the growing need for housing among healthcare workers. Below, we’ll look at the site details, affordability focus, and what this move means for investors and landlords in South Florida.

Site & Deal Structure

The proposed project spans about 3.8 acres near 11th Street and 12th Avenue. Related secured a long-term ground lease from the county trust overseeing the Jackson Health System property.

Phase one will feature a 27-story tower with 460 units, retail space on the ground floor, and structured parking. By leveraging Florida’s Live Local Act, Related gains higher density allowances in exchange for workforce housing commitments.

Investor/landlord insight
The Health District’s proximity to a major employment anchor like Jackson Memorial ensures strong tenant demand. For landlords, this means reduced vacancy risk and steady rental performance even in softer markets.

Affordability & Workforce Housing Focus

Roughly half of the units will cater to residents earning between 50% and 80% of AMI, with another portion up to 120% AMI. Healthcare employees will receive priority leasing opportunities, ensuring alignment between the project’s location and tenant base.

This move directly addresses Miami’s workforce housing shortage, particularly for hospital staff who have been priced out of nearby neighborhoods.

Investor/landlord insight
Although income restrictions may limit top-end rent growth, they create predictable occupancy and cash flow stability. The structure also taps into government incentives that improve long-term returns.

Market & CRE Implications

Located near the UHealth/Jackson Metrorail station, the project qualifies as a transit-oriented development, appealing to tenants seeking convenience and accessibility. The Live Local Act’s flexible zoning also allows developers to maximize site potential in key urban corridors.

With workforce housing gaining political and public support, projects like this one signal a shift toward mixed-income developments anchored by employment hubs such as hospitals and universities.

Investor/landlord insight
For brokers and property owners, this trend highlights how Live Local incentives and proximity to major employers can drive resilient returns and long-term tenant demand.

Related Group’s 842-unit plan at Jackson Memorial cements workforce housing as a high-priority segment in Miami’s real estate market. Investors and landlords watching South Florida’s next growth wave should note: medical and transit-oriented housing is where the momentum is building.