Approved under the Live Local Act, the new all-workforce housing project is set to take place in Miami-Dade County. The project is called the Beacon Hill at Princeton, and will break ground at 23815 S. Dixie Highway on June 6, 2025. The project’s completion date is set for July 2026.
Highlights
- The Beacon at Princeton is the first all-workforce housing project to break ground in Miami-Dade.
- The groundbreaking ceremony will take place on June 6, 2025, at 23815 S. Dixie Highway.
- The project is expected to be completed by July 2026.
Miami-Dade’s All-Workforce Housing Project Gets Approval
The first-ever all-workforce housing project is soon to break ground in Miami-Dade on June 6, 2025. The groundbreaking is set to take place at 23815 South Dixie Highway, where the project will be led by the Beacon Hill Property Group. In a statement by the company’s president, Matthew Martinez, he said, “Everyone deserves a place they’re proud to call home, and we’re committed to making that a reality.”
Game-Changing Inclusions
The workforce housing development will include several key amenities to support the quality of life of the residents on the property. This is a 112-unit development project that features high-quality housing for future residents. Spread across 2.6 acres of land, the project will include 1,120 SF of retail space that will include a gym, community room, and 145 parking slots.
Project Completion and Expectations
The project will break ground on June 6, 2025, at South Dixie Highway. The construction will follow soon after, and the expected completion date has been set for July 2026. The project is the the first workforce housing development in Miami-Dade County approved under the Live Local Act, which makes it all the more important.
According to the Beacon Hill website, the project will consist of two three-story buildings that will include 41 one-bedroom units and 71 two-bedroom units. Projected rents for the units range from $1,700 to $1,900 for one-bedroom units and $2,100 to $2,300 for two-bedroom units.
About the Live Local Act
In 2023, the Live Local Act was signed into law and amended last May. The act aims to increase affordable housing options by incentivizing developers to build projects such as the Beacon Hill at Princeton project. It provides increased tax breaks for income-restricted projects, reduced parking requirements, and limits on local government control over zoning processes. The first project to be approved under this act in Miami-Dade was in April for a 21-storey building. The act aims to bring affordable housing for the people, especially those in the middle-income category.
