Swerdlow Pinnacle Propose Over: 7 Proven Swerdlow & Pinnacle’s $1B+ Plans for Miami-Dade: A Game-Changer for Affordable

A New Era for Affordable Housing in Miami-Dade: Swerdlow & Pinnacle's Plans

Swerdlow Group and Pinnacle propose separate projects to redevelop six public housing complexes in Miami-Dade County with more than 1,000 below-market rate apartments and for-sale homes.

Swerdlow Pinnacle Propose Over helps improve planning, consistency, and publishing quality when teams follow a repeatable workflow.

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!important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(–wp–preset–gradient–luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(–wp–preset–gradient–very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(–wp–preset–gradient–cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(–wp–preset–gradient–blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(–wp–preset–gradient–blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(–wp–preset–gradient–luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(–wp–preset–gradient–pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(–wp–preset–gradient–electric-grass) !important;}.has-midnight-gradient-background{background: var(–wp–preset–gradient–midnight) !important;}.has-small-font-size{font-size: var(–wp–preset–font-size–small) !important;}.has-medium-font-size{font-size: var(–wp–preset–font-size–medium) !important;}.has-large-font-size{font-size: var(–wp–preset–font-size–large) !important;}.has-x-large-font-size{font-size: var(–wp–preset–font-size–x-large) !important;}”,”type”:”list”,”__typename”:”StyleItem”}],”post”:{“id”:”cG9zdDoxMDAwMTU1″,”databaseId”:1000155,”title”:”Miami-Dade to consider no-bid deals for Swerdlow, Pinnacle to redevelop public housing complexes”,”status”:”publish”,”slug”:”swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade”,”uri”:”/miami/2025/11/12/swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade/”,”link”:”https://therealdeal.com/miami/2025/11/12/swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade/”,”dateGmt”:”2025-11-12T15:30:00″,”contentTypeName”:”post”,”contentFiltered”:”u003cpu003eSwerdlow Group and Pinnacle propose separate projects to redevelop six public housing complexes in Miami-Dade County with more than 1,000 below-market rate apartments and for-sale homes.u0026nbsp;u003c/pu003enu003cpu003eThe pair are the latest to file plans to Miami-Dade through the federal u003ca href=”/miami/2025/07/17/perezes-related-redeveloping-miami-public-housing-site/”u003eRental Assistance Demonstration programu003c/au003e, which allows municipalities and counties to redevelop and modernize aging public housing.u0026nbsp;u003c/pu003enu003cpu003eThe Miami-Dade housing committee will vote on Wednesday whether to proceed with working with Swerdlow and Pinnacle, including negotiating leases with the developers for the county-owned sites, and construction and design criteria. The committee will also vote to skip the competitive process of leasing and awarding development rights of county-owned property to private firms.u0026nbsp;u003c/pu003enu003cpu003eKendall-based Pinnacle is partnering with Delray Beach-based Smith u0026amp; Henzy Affordable Group to propose 821 homes at three public housing complexes and a vacant lot in the West Little River neighborhood in an unincorporated area of the county.u0026nbsp;u003c/pu003enu003cpu003ePinnacle is led by Louis Wolfson, David O. Deutch, Timothy P. Wheat and Coraly Rodriguez, its website shows. Smith u0026amp; Henzy is led by Darren Smith and Timothy Henzy.u0026nbsp;u003c/pu003enu003cpu003eCoconut Grove-based Swerdlow –– led by Michael Swerdlow, Stephen Garchik and Alben Duffie –– proposes both apartments and for-sale homes at three public housing complexes and a vacant site in south Miami-Dade. Its application doesn’t list a specific number of units, and the county staff members’ memorandum to commissioners says the goal would be to maximize development to up to 1,000 homes.u0026nbsp;u003c/pu003enu003cpu003eSwerdlow would partner with Miami-based u003ca href=”/magazine/october-2025/dominant-inside-lennars-housing-empire-in-south-miami-dade/”u003eLennaru003c/au003e on the development of the for-sale homes, according to its filing.u0026nbsp;u003c/pu003enu003cpu003eResidents at the public housing complexes will have the right of first refusal to move into the new homes.u0026nbsp;u0026nbsp;u003c/pu003enu003ch3 class=”wp-block-heading” id=”h-pinnacle-s-west-little-river-project”u003eu003cstrongu003ePinnacle’s West Little River projectu003c/strongu003eu003c/h3u003enu003cpu003ePinnacle and Smith u0026amp; Henzy’s total project is expected to cost $335 million, partly covered by grants and government loans that often finance below-market rate housing, according to the county’s memo.u0026nbsp;u003c/pu003enu003cpu003eThe pair propose to redevelop the 38-unit Kline Nunn complex at 8300 North Miami Avenue into a seven-story, 96-unit building with 2,400 square feet of retail; as well as the 86-unit Little River Plaza at 8255 Northwest Miami Court with an eight-story, 121-unit building with 3,500 square feet of retail.u0026nbsp;u003c/pu003enu003cpu003eThey also propose a 604-unit complex with buildings ranging from three stories to eight stories at the 108-unit Little River Terrace at 8320 Northwest Fifth Avenue, according to the application.u0026nbsp;u003c/pu003enu003cpu003eTheir projects would consist primarily of rentals, except the Little River Terrace site will include 22 for-sale townhomes.u0026nbsp;u003c/pu003enu003cpu003eThe developers also want to build a 5,000-square-foot community center at the nearly 2-acre vacant Larchmont Gardens Park. The park is on the northeast corner of I-95 and Northwest 85th Street Road.u0026nbsp;u003c/pu003enu003cpu003eu003ca href=”/miami/2024/06/14/pinnacle-lands-50m-construction-loan-for-old-cutler-village/”u003ePinnacleu003c/au003e and Smith u0026amp; Henzy would lease the site under a 99-year term, during which they would pay Miami-Dade a total of $704.7 million in rent and $16.8 million in additional benefits, such as 15 percent of the developer fee and net cash flow.u0026nbsp;u003c/pu003enu003ch3 class=”wp-block-heading” id=”h-swerdlow-s-south-miami-dade-project”u003eu003cstrongu003eSwerdlow’s south Miami-Dade projectu003c/strongu003eu003c/h3u003enu003cpu003eu003ca href=”/miami/2025/04/01/miami-dade-approves-swerdlow-related-deals/”u003eSwerdlow’su003c/au003e proposal is to redevelop the 114-unit Arthur Mays Villas at 11351 Southwest 216th Street in the u003ca href=”/miami/2025/06/13/argentine-developers-plan-live-local-act-tower-in-goulds/”u003eGouldsu003c/au003e neighborhood; the 116-unit Naranja complex at 13924 Southwest 260th Street in u003ca href=”/miami/2024/01/10/vestcor-buys-naranja-dev-site-planned-for-rental-complex/”u003eNaranjau003c/au003e; and the 130-unit Pine Island complex at 26862 Southwest 127th Avenue and 27101 Southwest 128th Avenue, according to its application.u0026nbsp;u003c/pu003enu003cpu003eIt also wants to build out the vacant Modelo II site at 15302 and 15370 Southwest 282nd Street, and 17375 Southwest 284th Street.u0026nbsp;u003c/pu003enu003cpu003eThe Arthur Mays project would consist of for-sale homes and at least 75 apartments, while the Naranja and Modelo II projects would be entirely for sale.u0026nbsp;u003c/pu003enu003cpu003eThe Pine Island project would have about 246 Rental Assistance Demonstration units, meaning apartments at the same rents that residents pay now, and 279 workforce apartments, the application shows.u0026nbsp;u003c/pu003enu003cpu003eFor-sale home prices will be $385,000, Swerdlow’s application shows.u003c/pu003enu003csection class=”ReadMoreSection_root”u003entu003ch4 class=”ReadMoreSection_title”u003eRead moreu003c/h4u003enttttttttu003ca class=”BlogrollPost” href=”/miami/2025/07/17/perezes-related-redeveloping-miami-public-housing-site/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”133″ src=”https://static.therealdeal.com/wp-content/uploads/2025/07/Perezes-Related-Redeveloping-Miami-Public-Housing-Site-200×133.jpg” class=”FeaturedImage_image wp-post-image” alt=”Pérezes’ Related Redeveloping Miami Public Housing Site” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttDevelopmentttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eRelated plans 115 affordable apartments on Little Havana public housing siteu003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttu003c/sectionu003enntt”,”noAds”:false,”alternativeHeadline”:{“subheadline”:”Projects would bring over 1,000 for-sale homes and rentals to Little River and the south county area”,”__typename”:”AlternativeHeadline”},”updatedPost”:{“updated”:false,”date”:”2025-11-12T15:30:00+00:00″,”__typename”:”UpdatedPost”},”aiSummary”:{“summary”:”u003culu003ernu003cli style=”font-weight: 400;” aria-level=”1″u003eu003cspan style=”font-weight: 400;”u003eMiami-Dade County is set to vote on no-bid deals that would grant Swerdlow Group and Pinnacle the rights to redevelop six county-owned public housing complexes.u003c/spanu003eu003c/liu003ernu003cli style=”font-weight: 400;” aria-level=”1″u003eu003cspan style=”font-weight: 400;”u003eThe proposals would collectively create over 1,000 new below-market-rate apartments and for-sale homes across the Little River and south Miami-Dade areas.u003c/spanu003eu003c/liu003ernu003cli style=”font-weight: 400;” aria-level=”1″u003eu003cspan style=”font-weight: 400;”u003ePinnacle’s project in West Little River proposes 821 homes, primarily rentals, with 22 for-sale townhomes, while Swerdlow’s south Miami-Dade project, in partnership with Lennar, aims for up to 1,000 homes, including both rentals and for-sale units priced at $385,000.u003c/spanu003eu003c/liu003ernu003c/ulu003ernu003cpu003eu0026nbsp;u003c/pu003e”,”reviewed”:true,”disabled”:false,”autoGenerate”:false,”__typename”:”AISummary”},”audioArticleSettings”:{“audioUrl”:null,”__typename”:”AudioArticleSettings”},”mainArt”:{“mediaType”:”image”,”image”:{“node”:{“sourceUrl”:”/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-1400×933.jpg”,”srcSet”:”/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-1400×933.jpg 1400w, /wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-300×200.jpg 300w, /wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-700×467.jpg 700w, /wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-200×133.jpg 200w, /wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-768×512.jpg 768w, /wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-1024×683.jpg 1024w, /wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-50×33.jpg 50w, /wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eSwerdlowu0026#8217;s Michael Swerdlow and Pinnacleu0026#8217;s Louis Wolfson, David O. Deutch, Timothy P. Wheat and Corau0026#8230;u003c/pu003en”,”altText”:””,”__typename”:”MediaItem”},”__typename”:”AcfMediaItemConnectionEdge”},”video”:null,”caption”:”Swerdlow’s Michael Swerdlow and Pinnacle’s Louis Wolfson, David O. Deutch, Timothy P. Wheat and Coraly Rodriguez with 8300 North Miami Avenue and 11351 Southwest 216th Street (Swerdlow, Pinnacle, Google Maps, Getty)”,”__typename”:”MainArt”},”featuredImage”:{“node”:{“sourceUrl”:”https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-1400×933.jpg”,”srcSet”:”https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-50×33.jpg 50w, https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_.jpg 1500w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eSwerdlowu0026#8217;s Michael Swerdlow and Pinnacleu0026#8217;s Louis Wolfson, David O. Deutch, Timothy P. Wheat and Corau0026#8230;u003c/pu003en”,”altText”:””,”mediaDetails”:{“sizes”:[{“width”:”1400″,”height”:”933″,”__typename”:”MediaSize”}],”__typename”:”MediaDetails”},”__typename”:”MediaItem”},”__typename”:”NodeWithFeaturedImageToMediaItemConnectionEdge”},”__typename”:”Post”,”template”:{“templateValue”:”right-rail”,”__typename”:”DefaultTemplate”},”seo”:{“title”:”Swerdlow, Pinnacle Propose Over 1K Homes in Miami-Dade”,”fullHead”:”u003c!– This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.1.1) – https://yoast.com/wordpress/plugins/seo/ –u003enu003cmeta name=”description” content=”A Miami-Dade committee will vote on Swerdlow and Pinnacle’s proposals to redevelop county-owned public housing complexes.” /u003enu003cmeta name=”robots” content=”index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1″ /u003enu003clink rel=”canonical” href=”https://therealdeal.com/miami/2025/11/12/swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade/” /u003enu003cmeta property=”og:locale” content=”en_US” /u003enu003cmeta property=”og:type” content=”article” /u003enu003cmeta property=”og:title” content=”Miami-Dade to consider no-bid deals for Swerdlow, Pinnacle to redevelop public housing complexes” /u003enu003cmeta property=”og:description” content=”A Miami-Dade committee will vote on Swerdlow and Pinnacle’s proposals to redevelop county-owned public housing complexes.” /u003enu003cmeta property=”og:url” content=”https://therealdeal.com/miami/2025/11/12/swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade/” /u003enu003cmeta property=”og:site_name” content=”The Real Deal” /u003enu003cmeta property=”article:publisher” content=”https://www.facebook.com/therealdealmedia/” /u003enu003cmeta property=”article:published_time” content=”2025-11-12T15:30:00+00:00″ /u003enu003cmeta property=”og:image” content=”https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_.jpg” /u003entu003cmeta property=”og:image:width” content=”1500″ /u003entu003cmeta property=”og:image:height” content=”1000″ /u003entu003cmeta property=”og:image:type” content=”image/jpeg” /u003enu003cmeta name=”author” content=”Lidia Dinkova” /u003enu003cmeta name=”twitter:card” content=”summary_large_image” /u003enu003cmeta name=”twitter:description” content=”Swerdlow Group and Pinnacle propose separate projects to redevelop six public housing complexes in Miami-Dade County with more than 1,000 below-market rate apartments and for-sale homes.u0026nbsp; The pair are the latest to file plans to Miami-Dade through the federal Rental Assistance Demonstration program, which allows municipalities and counties to redevelop and modernize aging public housing.u0026nbsp; The Miami-Dade housing committee will vote on Wednesday whether to proceed with working with Swerdlow and Pinnacle, including negotiating leases with the developers for the county-owned sites, and construction and design criteria. The committee will also vote to skip the competitive process of leasing and [u0026hellip;]” /u003enu003cmeta name=”twitter:creator” content=”@trdny” /u003enu003cmeta name=”twitter:site” content=”@trdny” /u003enu003cmeta name=”twitter:label1″ content=”Written by” /u003entu003cmeta name=”twitter:data1″ content=”Ilya Hourie” /u003entu003cmeta name=”twitter:label2″ content=”Est. reading time” /u003entu003cmeta name=”twitter:data2″ content=”3 minutes” /u003enu003cscript type=”application/ld+json” class=”yoast-schema-graph”u003e{“@context”:”https://schema.org”,”@graph”:[{“@type”:”NewsArticle”,”@id”:”https://therealdeal.com/miami/2025/11/12/swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade/#article”,”isPartOf”:{“@id”:”https://therealdeal.com/miami/2025/11/12/swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade/”},”author”:[{“@type”:”Person”,”@id”:”https://therealdeal.com/#/schema/person/59ad643e34e525ba44cf385eb480dc46″,”name”:”Lidia Dinkova”,”image”:{“@type”:”ImageObject”,”url”:”https://secure.gravatar.com/avatar/8f50db554f29c280c6279bd8cbf09aa15dd40cda5b5963c6a80232b86912c185?s=96u0026#038;d=mmu0026#038;r=g”},”description”:”Lidia Dinkova covers South Florida real estate for The Real Deal. You can reach her at (305) 308-2425 or [email protected].”,”sameAs”:[“https://x.com/LidiaDinkova”],”url”:”https://therealdeal.com/author/lidia-dinkova/”}],”headline”:”Miami-Dade to consider no-bid deals for Swerdlow, Pinnacle to redevelop public housing complexes”,”datePublished”:”2025-11-12T15:30:00+00:00″,”mainEntityOfPage”:{“@id”:”https://therealdeal.com/miami/2025/11/12/swerdlow-pinnacle-propose-over-1k-homes-in-miami-dade/”},”wordCount”:638,”publisher”:{“@id”:”https://therealdeal.com/#organization”},”image”:[{“@type”:”ImageObject”,”url”:”https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-300×200.jpg”,”width”:300,”height”:200,”contentUrl”:”https://static.therealdeal.com/wp-content/uploads/2025/11/Swerdlow-Pinnacle-Propose-Over-1K-Homes-in-Miami-Dade-_-300×200.jpg”,”caption”:”Swerdlow’s Michael Swerdlow and Pinnacle’s Louis Wolfson, David O. Deutch, Timothy P. 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The pair are the latest to file plans to Miami-Dade through the federal Rental Assistance Demonstration program, which allows municipalities and counties to redevelop and modernize aging public housing.

Residents at the public housing complexes will have the right of first refusal to move into the new homes.

FAQ: Swerdlow Pinnacle Propose Over

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