Developer Duo May Convert Homestead-Area Offices to Apartments
United Trust Fund and Centerhome have filed plans that, if approved, would allow them to convert a 71,000-square-foot office complex into what could become 640 apartment units. The office building on the six-acre property, located at 28801 S.W. 157th Ave., was purchased from SouthState Bank for $6.8 million in 2020. The bank still has a branch on the property.
The South Florida Business Journal reports the owners have no immediate plans to redevelop the site now, but are exploring options. There are still tenants in the office building, and they have not been asked to leave.
The property owners filed an application with Miami-Dade County to change the district boundary from “BU-1” and “RU-1” to “Leisure City Community Urban Center District Mixed Use.”
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout