Miami-Dade County Commissioner Xavier L. Suarez will join Pinnacle Housing Group, the Coconut Grove Collaborative, Miami Dade College Mitchell Wolfson Sr. Foundation, and the Theodore R. Gibson Memorial Fund Inc, in the Gibson Plaza Groundbreaking Ceremony, on Monday, April 28, at 10:30 am. This affordable housing development in Miami-Dade County is being developed by Pinnacle et al., and will bring a mixed-use residential and educational complex to West Coconut Grove.
“The Miami-Dade County Board of County Commissioners allocated $9 Million towards the construction and development of affordable housing in District 7. This was awarded to the four partners in the Gibson Plaza development; one of the four entities developing Gibson Plaza is the Theodore R. Gibson Memorial Fund Inc., which has been in existence for over 30 years,” said Commissioner Xavier Suarez. “On behalf of the Miami-Dade County Board of County Commissioners, and as Commissioner of Miami-Dade District 7, it gives me a great deal of pleasure to be associated with a project that I believe will spur the re-birth of the long neglected segment of our community - The Coconut Grove Village West.”
"This is a transforming catalitic project for the community," says J.S. Rashid, president of the Coconut Grove Collaborative. He feels this will promote further development in the area.
The five-story complex will include 56 apartments and an educational facility that will serve residents and members of the surrounding community. Residents will be a minimum of 55 years of age. Many of the units will include one or two bedrooms. Miami-Dade College will provide the educational and job workforce programs within the facility. Included as part of the project are an exercise room, community center, a library and a computer lab.
The monthly rent for the units will be from $300 to $1,000, depending on applicants’ income. May 2015 is the scheduled completion date.
This project has been made possible by a partnership between the Theodore Roosevelt Gibson Memorial Fund, the Collaborative Development Corporation, Pinnacle Housing Group, and Miami-Dade College through the Mitchell Wolfson, Sr. Foundation.
The ceremony will be at 3629 Grand Avenue.