The Beacon Hill at Princeton project marks Miami-Dade County's first execution of the controversial Live Local Act, aimed at expediting affordable housing construction. Developers Matthew Martinez and David Rothenstein have created a modest three-story garden-style development featuring 112 rental apartments designed exclusively for middle-income individuals. Unlike other ambitious proposals, this project adheres to affordability by avoiding market-rate units and focusing on leveraging tax incentives, setting a practical model for future developments and addressing a critical housing shortage in urban environments.
The $20 million Beacon Hill at Princeton may provide a model for making the law work the way it was sold to the public.
Instead of splashy high-rise proposals, Beacon Hill is modest with three-story garden-style buildings, offering 112 affordable rental apartments.
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