Jun 2,2017
Author: Jock Fistick and Brain Bandell     Publication: South Florida Buisness Journal

The Related Group recently completed construction of Smathers Plaza II, an affordable housing project for residents aged 62 and up.

The 133-unit building rises five stories at 1025 S.W. 30th Ave. in Miami. It has 92 public housing units and 51 affordable units. The Miami-based company built it on land leased from Miami-Dade County for $24.1 million, using funds from the county surtax, a State Apartment Incentive Loan and a federal housing grant.

Amenities in Smathers Plaza II include a fitness center, a computer and library center, free Wi-Fi, and shared laundry facilities on each floor.

Related also recently completed the Jose Moretti II and the Stirrup Plaza II affordable housing complexes in Miami, and has broken ground on the redevelopment of Liberty Square in Liberty City.

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