{"id":416663,"date":"2026-10-02T11:22:24","date_gmt":"2026-10-02T11:22:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/416663\/"},"modified":"2026-10-02T11:22:24","modified_gmt":"2026-10-02T11:22:24","slug":"related-urban-development-group-secures-construction-financing-for-gallery-at-lummus-parc-at-395-nw-first-st-miami-florida","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/416663\/","title":{"rendered":"Related Urban Development Group Secures Construction Financing for &#8216;Gallery at Lummus Parc&#8217; at 395 NW First St., Miami, Florida"},"content":{"rendered":"<p> <img width=\"777\" height=\"879\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-01-at-8.27.34-PM-777x879.png\" class=\"u-photo wp-post-image\" alt=\"\" decoding=\"async\" fetchpriority=\"high\"  \/>Image by Cohen Freedman Encinosa<\/p>\n<p class=\"entry-meta\"> By: <a rel=\"author nofollow noopener\" class=\"fn p-author h-card\" href=\"https:\/\/floridayimby.com\/author\/colt\" target=\"_blank\">Colt Dodd<\/a> 7:00 am on October 2, 2026<\/p>\n<p>Florida YIMBY has an update regarding an affordable housing venture we covered back in 2023. Our initial report shared that Related Urban Development Group was planning a two-tower project that would yield more than 400 apartments. Now, not only is the project currently under construction, but the developer has secured $167.1 million in construction financing to further push the project to completion.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-42335\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-01-at-8.26.23-PM.png\" alt=\"\" width=\"1200\" height=\"731\"  \/><\/p>\n<p class=\"wp-caption-text\">The venture will feature two towers. Image by Cohen Freedman Encinosa<\/p>\n<p><a href=\"https:\/\/floridayimby.com\/2023\/01\/the-gallery-at-lummus-parc-proposed-for-395-northwest-first-street-miami-florida-33132-in-miami-dade-county.html\" rel=\"nofollow noopener\" target=\"_blank\">Gallery at Lummus Parc<\/a> is slated to comprise two phases. The first will deliver 257 units, with floorplans spanning studio to two-bedroom layouts. About 80 percent of the units would be designated as affordable housing for households earning within 20 to 100 percent of the area median income (AMI). <a href=\"https:\/\/www.multihousingnews.com\/related-lands-167m-for-1st-phase-of-miami-project\/\" rel=\"nofollow noopener\" target=\"_blank\">Multi-Housing News<\/a> reports that there would also be 51 Project-Based Voucher apartments and six Rental Assistance Demonstration (RAD) units.<\/p>\n<p>Amenities will include a rooftop swimming pool, fitness center, and pickleball court. There will also be a five-story parking structure. The second phase of Gallery at Lummus Parc will host 182 residences. The project\u2019s two towers will measure 27 and 30 stories. Cohen Freedman Encinosa is the architect.<\/p>\n<p>The first phase of Gallery at Lummus Parc is set for a 2028 completion. It is located at <a href=\"https:\/\/maps.app.goo.gl\/w26HXHdDcmJQ5cJk9\" rel=\"nofollow noopener\" target=\"_blank\">395 NW First St., Miami, Florida, 33128<\/a>, in Miami-Dade County.<\/p>\n<p> <a href=\"http:\/\/eepurl.com\/hud0UH\" rel=\"nofollow noopener\" target=\"_blank\">Subscribe<\/a> to YIMBY\u2019s daily e-mail<\/p>\n<p><a href=\"https:\/\/google.com\/preferences\/source?q=https%3A%2F%2Ffloridayimby.com\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/1790940144_573_google_preferred_source_badge.png\" width=\"245\" height=\"40\" alt=\"Make YIMBY preferred on Google\"\/><\/a><\/p>\n<p><a href=\"https:\/\/instagram.com\/yimbygram\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBYgram for real-time photo updates<br \/><a href=\"https:\/\/www.facebook.com\/YIMBYFB\" rel=\"nofollow noopener\" target=\"_blank\">Like<\/a>\u00a0YIMBY on Facebook<br \/><a href=\"https:\/\/twitter.com\/yimbytweets\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBY\u2019s Twitter for the latest in YIMBYnews<\/p>\n<p><a href=\"https:\/\/floridayimby.com\/category\/uncategorized\" rel=\"category tag nofollow noopener\" target=\"_blank\">Uncategorized<\/a><\/p>\n<p style=\"display: inline;\">. <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Image by Cohen Freedman Encinosa By: Colt Dodd 7:00 am on October 2, 2026 Florida YIMBY has an&hellip;\n","protected":false},"author":2,"featured_media":416664,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[225,227,226],"class_list":["post-416663","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hialeah","tag-hialeah","tag-hialeah-headlines","tag-hialeah-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/416663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=416663"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/416663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/416664"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=416663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=416663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=416663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}