Rubell Family, Calderon & Simkins Plans 330-Unit Rental Tower in Allapattah, Miami

Key Points

• Lissette Calderon, the Rubell family, and Lion Development are launching a 330-unit, 21-story multifamily project at 1000 NW 23rd Street in Allapattah.

• The first phase includes 10,000 SF of ground-floor retail, with construction starting in Q1 2027 and delivery by mid-2029.

• This is just phase one of a three-part development, signaling big bets on Allapattah’s arts-driven transformation.

Developer Lissette Calderon, the influential Rubell family, and Michael Simkins' Lion Development are teaming up to kick off a massive residential project in Miami’s evolving Allapattah neighborhood. The joint venture is launching a 330-unit tower as the first of three phases, combining residential density with retail and cultural proximity. 

Power Trio Behind the Project

• Neology Group (Lissette Calderon) is deepening its Allapattah footprint after recent completions like The Julia Residences (323 units) and Fourteen Main Street Residences (237 units).

• The Rubell family, known for their art collection and deep Wynwood and Allapattah roots, own the 1-acre site and are leveraging proximity to their Rubell Museum (1100 NW 23rd St).

• Lion Development, led by Michael Simkins, brings high-rise experience from other Miami projects like the 38 West Eleventh tower.

Phase One Details

• 330 apartments across 21 stories

• 10,000 SF of retail

• Site: 1000 NW 23rd Street

• Construction start: Q1 2027

• Completion: H1 2029

• Site currently sits near the Rubell Museum’s 100K SF arts campus

This mixed-use project embraces the arts-and-culture narrative Allapattah is pushing, especially as the Rubells continue acquiring property in the area.

Multifamily Market Timing

• The move comes amid a South Florida leasing slowdown caused by recent high supply and fewer relocations.

• Developers are playing the long game, betting on 2027-2029 demand recovery.

• Concessions and slower lease-ups today may give way to stronger returns by delivery.

Why Allapattah?

• A historically Dominican neighborhood transitioning into a creative hub.

• With rising prices in Wynwood, developers and gallerists see Allapattah as the next frontier.

• Calderon and the Rubells are among the few developers with early, long-term exposure to the area’s evolution.

Allapattah & Art

Calderon, the Rubells, and Simkins are staking a high-rise claim on the future of Allapattah. With strategic phasing and a retail-residential mix next to major cultural anchors, the bet is that by 2029, the market—and the neighborhood—will be ready for it.