SP Developments, led by Daniel Jaramillo, bought 20 homes in Hialeah for $23.5 million for a redevelopment project. The 3.65-acre site near the Tri-Rail/Metrorail Station will feature 612 apartments, retail space, and a parking garage. Jaramillo offered above-market prices starting in fall 2022. The area, historically significant to the Cuban community, is seeing increased development. Click to read the article in The Business Journal
Developer could replace North Miami church with 240 apartments
A church and religious school in North Miami are being replaced with an 11-story apartment complex featuring 240 units, 22,127 square feet of commercial space, and 339 parking spaces. The project, designed by G3 AEC, will include amenities like a pool, gym, and lounge. Priced as workforce housing, the development is part of Continua and SP Developments’ Urbania brand, with similar projects in Hialeah and Fort Lauderdale.