
Turnbridge Equities Plans 20-Story Mixed-Use Tower with Workforce Housing in Miami Beach
New York-based developer Turnbridge Equities is advancing plans for "Reserve at One Sunset," a 20-story mixed-use tower located at 1920 Alton Boulevard in Miami Beach. Designed by ODP Architecture, the project is slated to reach 323 feet and will feature 35 residential units alongside 4,343 square feet of ground-floor commercial space, likely for cafes or fast-casual dining.
The residential component includes 21 luxury condominiums, ranging from three- to five-bedroom layouts. Crucially, the development also incorporates 14 workforce housing units, which are smaller, studio to one-bedroom apartments averaging 510 square feet. Floridian Development reports that these workforce units are a strategic element to navigate certain building height regulations. Residency for these units will be restricted to households earning at least 120 percent of the area median income (AMI).
Amenities for residents will encompass a wellness club, multiple padel courts, and a resort-style swimming pool. This project signifies a notable addition to Miami Beach's luxury and mixed-income housing inventory, demonstrating how developers can leverage specific housing provisions to achieve desired building scales in regulated urban environments.
More from Miami Beach
· Miami Beach, Florida
Infinity Collective Revises Miami Beach Alton Road Plans After Shvo Site Foreclosure
· Miami Beach, Florida
Russell Galbut Withdraws Three Miami Beach Live Local Act Projects
· Miami Beach, Florida
S3 Capital Provides $19.5M Construction Loan for Miami Beach Condo
· Miami Beach, Florida
Terra-Led Partnership Secures $507M Construction Loan for Miami Beach Condo Project
· Miami Beach, Florida
Kolter Group and BH Group Near Completion of Miami Beach Oceanfront Condo Assemblage
More in Florida
· Miami, Florida
Developers Weigh Costs and Diminishing Returns of Miami’s Branded Condos
· Miami, Florida
Genting Secures $500M Refinancing for Miami’s Omni Center
· Boynton Beach, Florida
Brasswater Buys Two Palm Beach County Hampton Inns for Over $48M
· Daytona Beach, Florida
Westplan Advances 304-Unit Accent Daytona on Former Church Site in Daytona Beach
· Boca Raton, Florida
Stephen Ross’s Related Ross Buys Boca Raton Office Complex for $64M