MIAMI — Related Urban, the affordable housing and mixed-income division of Related Group, has opened Robert King High and Paseo Del Rio, two newly completed affordable housing communities in Miami’s Little Havana neighborhood.
The 315-unit Robert King High project is the substantial rehab of an elderly public housing high-rise built in 1964. The property is reserved for low-income seniors housing citizens and comprises residential towers, a one-story clubhouse that was also overhauled and a 1,500-square-foot convenience store.
Paseo del Rio is a 182-unit, seven-story residential tower reserved for households earning 30, 60 and 80 percent of the area median income (AMI). Amenities will include a multipurpose room, fitness center, business center, dog park, bike storage, outdoor grill areas, resident courtyard and a 3,000-square-foot Pinecrest Bakery shop, which is set to open in early 2024.
Robert King High and Paseo del Rio are now fully leased and occupied. The properties represent the fourth and fifth phases of the River Parc master plan, which will ultimately comprise 2,500 affordable housing, workforce housing and market-rate apartments. Full completion of the master plan’s 10 phases is slated for 2027.