Developer: Carlisle Development Group, LLC
Architect: Corwil Architects, Inc.
Major Funders: The Richman Group Affordable Housing Corp.; Citi Community Capital; Florida Housing Finance Corp.; Miami-Dade County
An underutilized 8-acre parking lot has been transformed into a mixed-use, mixed-income, and transit-oriented development (TOD) thanks to the public-private partnership between Carlisle Development Group and Miami-Dade Transit.
Brownsville Transit Village is located in one of Miami's most historic African- American neighborhoods and is adjacent to the Brownsville Metrorail Station.
Once complete, it is expected to be one of the largest TODs of its kind in the nation as well as the first LEED-certified TOD in Miami-Dade County.
Carlisle completed the first four phases of the development, which cost $107.2 million and benefitted from the Tax Credit Exchange Program, between December 2011 and April. The structures vary from two to 14 stories, with the most density along the rail lines and then stepping down to two-story townhomes along the western perimeter of the site. More than half of the 401 units are targeted toward residents 55 and older, while six units are reserved for youths aging out of foster care and another six are reserved for veterans.
A fifth phase is in predevelopment.
“With the introduction of 400 fully occupied affordable housing units, we have begun to see more local businesses interested in setting up shop in the area,” says Carlisle COO Kenneth Naylor.