Nov 2, 2023
Vestcor Unveils 7.63-Acre Mixed-Use Vision in Naranja
The Vestcor Companies, a renowned real estate developer from Jacksonville, has unveiled an ambitious plan for a mixed-use development in the heart of Naranja, Florida.
Traded Editorial
The Vestcor Companies, a renowned real estate developer from Jacksonville, has unveiled an ambitious plan for a mixed-use development in the heart of Naranja, Florida. This 7.83-acre project, designed in collaboration with Anillo Toledo Lopez Architecture, will redefine the landscape of southern Miami-Dade County, focusing on providing workforce housing. The prime location, at 27742 and 27860 South Dixie Highway, was acquired from 27742 South Federal Highway LLC, led by Bruno and Maritza Ramos of Miami. The site currently hosts two apartment buildings and an unused retail space.
Embracing Accessibility and Transit
Strategically positioned next to the South Dade TransitWay, this development aligns with Miami-Dade County's plan for an express rapid transit bus system. The Ambar Station project is set to feature 576 residential units, 8,300 square feet of commercial space, and an impressive 852 parking spaces, including 158 spots dedicated to electric vehicle charging. To fulfill workforce housing requirements, 12.5% of the units will be allocated for this purpose. Architecturally, the project comprises two eight-story buildings and two three-story structures, boasting vibrant stucco exteriors in shades of white, beige, gray, wheat, and olive. Residential options will include 198 one-bedroom units, 306 two-bedroom units, and 72 three-bedroom units.
A Track Record of Excellence
The Vestcor Companies' venture in Naranja follows their successful initiation of the Ambar Trails housing project in 2021, located at 15000 Southwest 272nd Street, not far from the Ambar Station site. This southern Miami-Dade region has emerged as a developer's paradise, driven by affordable land opportunities and the convenient TransitWay, facilitating public transportation to key employment centers.
In summary, The Vestcor Companies' proposal for the mixed-use development at 27742 S. Dixie Highway in Naranja promises to be a transformative endeavor, embracing accessibility, transit, and workforce housing to enhance the local community's quality of life and create a vibrant destination for residents and businesses alike.