NuRock Companies has proposed a 130-unit affordable apartment development near Opa-locka, its second planned project in the area. The Georgia-based firm submitted a filing to Miami-Dade County this month detailing plans for an L-shaped building named Heritage at Gratigny Park. The site is a nearly one-acre vacant lot located at the southwest corner of Northwest 120th Terrace and Northwest 27th Place, in an area characterized by industrial use.
The company is seeking zoning verification from Miami-Dade County, a process used to clarify regulations governing property development and check for any outstanding violations. NuRock’s application indicates that it intends to apply for funding from the Florida Housing Finance Corporation (FHFC), which supports affordable and workforce housing projects through financial programs such as low income housing tax credits. FHFC generally requires confirmation of zoning compliance before considering funding requests.
In addition to Heritage at Gratigny Park, NuRock has another 130-unit multifamily project planned nearby under the Live Local Act. This state law encourages developers to build below-market rate apartments by offering property tax incentives and allowing larger developments. The Residences at West View Landing, an 11-story building slated for the southeast corner of Northwest 27th Avenue and Northwest 123rd Street, will have all units reserved for households earning up to 80 percent of the area median income—exceeding the law’s minimum requirement that only 40 percent be set aside for those earning up to 120 percent of AMI.
NuRock acquired the two-lot site for Residences at West View Landing in May for $2.6 million.
The land designated for Heritage at Gratigny Park is owned by an entity connected with Art + Tec Development, based in Bay Harbor Islands and led by Gabriel Boano and Paula Lowenstein Boano. In 2021, Art + Tec had proposed an eight-story, 168-unit apartment building on this property but did not proceed with construction.
Robert Hoskins serves as managing principal of NuRock Companies, which specializes in developing and managing affordable multifamily housing. In Pompano Beach, NuRock previously developed Crystal Lake—a 92-unit complex—and Heritage at Pompano Station with 116 units; both include affordable housing options.
Last year saw completion of Residences at Naranja Lakes by NuRock: a pair of five-story buildings totaling 140 units located on South Dixie Highway in Leisure City, south Miami-Dade.
Another project in Hollywood envisions a 134-unit apartment building aimed at low-income families on Washington Street; city commissioners voted in favor of lending $640,000 to support NuRock’s application to FHFC back in 2022.
Affordable housing developers like NuRock are considered less vulnerable during market downturns because demand remains high among residents priced out of standard market-rate apartments. These developers often benefit from tools such as LIHTC (Low Income Housing Tax Credits), government subsidies, and grants that can help improve financial outcomes.
