August 23rd 2023.
Retired NBA star Udonis Haslem has announced a new project in his hometown of Miami, one that will provide 200 families with quality homes. The Real Deal reported the start of construction for budget-friendly apartments and townhomes located in the northern region of Miami-Dade County. Haslem announced the news via social media, marking the new project as the latest installment of “Haslem Housing.”
Haslem has partnered with Magellan, a Miami-based company, to purchase the 6.3-acre site. This space will include one building for the apartments, as well as another area designated for 26 “workforce priced” townhomes. To secure the land for this project, Haslem and Magellan invested a substantial sum of $1.5 million, and the entire process leading up to this housing development took three years.
Those interested in the apartment complex will need to have an income below 60% of the city’s median. For the townhomes, applicants must have an income up to 120% of the median. The apartments will come as one-, two- and three-bedroom options, ranging in monthly rents from $1,161 to $1,610.
Before construction can begin, an environmental clean-up must occur as the site is a brownfield, according to the EPA. Brownfields are properties, the redevelopment of which may be complicated by the presence or potential presence of hazardous substances, pollutants, or contaminants. Construction is expected to begin as late as 2024.
Haslem’s new project is part of the Haslem Housing Venture, an initiative started by the three-time NBA champion to provide quality housing to lower-income individuals and families within the Miami area. Thanks to Haslem’s dedication and hard work, these 200 families will soon have a quality home in his hometown.
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