The Spanish developer of an $880M Live Local Act project signed an agreement with Miami-Dade County unions to dedicate more than 70% of the planned units to essential workers.
)
About 3,000 residences at the project, named The HueHub, will go to members of unions representing police officers, firefighters, hospitality workers, teachers and Miami-Dade County employees. The deal sets a guaranteed annual rental rate for 10 years, according to a release.
“This partnership is proof that private development, labor organizations and institutions can collaborate to create viable housing solutions for those who serve our community,” HueHub developer Pablo Castro said in a statement. “These individuals dedicate their lives to keeping Miami safe and running and often have to live far from their work, many in other counties.”
The HueHub is planned as a 4,032-unit development spanning six 35-story towers on nearly 12 acres in Miami’s West Little River. Set to rise at 8395 NW 27th Ave., the project will include roughly 200K SF of amenities, featuring a pool, coworking space, art galleries, a 2-acre park and mixed-use leisure areas.
Units will be fully furnished, with rents starting at $1,300 for studios, $1,600 for one-bedroom units and $1,900 for two-bedroom units.
The fixed rates stand out in Miami, which is among the top 10 most expensive rental markets in the country. A one-bedroom Miami apartment averages about $2,650 a month, according to a July report by Zumper.
)
When it was first announced in 2024, the project marked Miami’s largest Live Local Act proposal — which allows developments to exceed local height restrictions if they dedicate at least 40% of units to those making up to 120% of the area median income — and has since increased its unit count by almost 1,000.
The project is dedicated to addressing the county’s housing needs, which is projected for a 90,000-unit shortfall for households earning below 80% of the area median income, according to Miami Homes For All.
“While the agreements provide immediate relief, [their] deeper purpose is to highlight the urgent need for more long-term housing solutions that meet the everyday needs of Miami-Dade families,” Castro said.
The developer told Bloomberg earlier this month that he and his partner, Laura Tauber, are discussing financing options with New York lenders for up to $600M.
While Castro had originally planned to break ground on his first Miami project by the end of this year, its date has been pushed to the beginning of 2026, according to the release.
Arquitectonica, Coastal Construction, Bilzin Sumberg, Greenberg Traurig LLP and Franyie Engineers Inc. are all involved in the project.
)
)
)
)
)
)
)
)
)
)
)
)