Colt Dodd<\/a> 7:00 am on March 23, 2026<\/p>\nMiami-based Coral Rock Development has secured approval for a low-rise affordable housing development in its home city.<\/p>\n
Through an unsolicited proposal, Coral Rock proposed (and secured initial approvals for) a six-story residential building with 150 apartments \u2013 40 of which would be designated as workforce housing. Our sources call the venture \u201cMedley Vida.\u201d<\/p>\n
Miami-Dade County defines workforce housing as housing reserved for households earning 60 to 140 percent of the area median income (AMI). For a family of four, yearly income would be capped at $99,400. City employees and Miami residents would have priority at Medley Vida. Communal amenities would include a fitness center, children\u2019s playground, and meeting areas.<\/p>\n
The six-story building would occupy land that\u2019s currently owned by Miami-Dade County Water & Sewer; it would rest on a 2.36-acre site. Coral Rock hopes to secure a 99-year land lease that would help make the project possible.<\/p>\n
Miami-Dade County is seeing its fair share of workforce housing projects. One such project is NOMI 7|90<\/a>, which Florida YIMBY covered this past February. Our report shared that the 19-story building would feature 480 residences, 192 of which would be designated as workforce housing.<\/p>\nMedley Vida has been proposed for 7300 N.W. 74th St., Miami, Florida<\/a>, 33166, in Miami-Dade County.<\/p>\n Subscribe<\/a> to YIMBY\u2019s daily e-mail<\/p>\nFollow<\/a> YIMBYgram for real-time photo updates
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The venture would occupy land owned by Miami-Dade County Water & Sewer. Image from Google Earth <\/p>\n