5 hours Ago By Colt Dodd
On December 17 , Boynton Beach’s City Commission approved plans for an affordable housing development known as “Seacrest Sound Apartments”. The venture will offer 89 homes divided amongst two three-story buildings, comprising close to 75,000 square feet of new construction. Residences will span one-bedroom to three-bedroom units, available to those earning up to 120 percent of the area median income (AMI).
According to , a one-person household would have to earn up to $90,000 a year to qualify. Additional plans call for 154 surface parking spots, averaging to about 1.73 per unit.
Construction is expected to start by mid-2025, with sources anticipating completion to take no more than 16 months. Miami Lakes-based DTI Architects designed the community. Seacrest Apts Property Owner LLC, a joint venture between Global One Investment Group and the Oceanview Group, purchased the 2.
97-acre build site for $1.95 million earlier this fall. The firm sought approval for Seacrest Sound Apartments under the Live Local Act, which offers various incentives to developers that offer workforce housing, such as the ability to bypass density caps.
Seacrest Sound Apartments is one of many ventures unfolding in South Florida. The garden-style community is slated for , 33435, in Palm Beach County. to YIMBY’s daily e-mail YIMBYgram for real-time photo updates YIMBY on Facebook YIMBY’s Twitter for the latest in YIMBYnews.
