MMG Equity Partners is pleased to announce the firm has received site plan approval from the City of North Miami for Griffin Parkview Apartments, an eight-story multifamily development located at 12300 W. Dixie Highway.
“We thank the city of North Miami for their support,” stated Marcos Puente, principal of acquisitions and development, MMG Equity Partners. “Our team looks forward to delivering a project that provides much needed affordable housing and contributes to the neighborhood’s continued revitalization. While retail remains a cornerstone of our business, we’re increasingly focused on thoughtfully integrating residential components into or alongside our existing commercial properties to create more cohesive, mixed-use environments.”
Situated on 1.46 acres, the development will span 97,461 square feet and offer a mix of 21 studios, 47 one-bedroom, and 42 two-bedroom apartments, ranging from 548 to 930 square feet. Designed by DTI Architects, the project will include modern features such as energy-efficient appliances, in-unit washer and dryer, co-working space, storage rooms, and gated entry with surface parking. Residents will also enjoy direct access to the serene Griffing Park. Monthly rents will range from $1,850 to $2,400.
Griffin Parkview Apartments is located directly behind MMG’s Colonial Shopping Center, which offers everyday conveniences such as Presidente Supermarket, T-Mobile, and Wellmax Medical Center. The project’s proximity to retail enhances walkability and provides future residents with immediate access to essential services.
This development is part of a strategic expansion of MMG’s portfolio into the residential sector. Widely regarded for its success in retail real estate, MMG is leveraging its expertise to create environments that seamlessly integrate commercial and residential uses.
In addition to Griffin Parkview Apartments, MMG currently has multifamily projects underway in Plantation and Homestead, further signaling the firm’s commitment to meeting South Florida’s growing demand for attainable housing.
MMG Equity Partners is a privately-owned real estate investment company focused on long-term ownership, management, development, and acquisition of commercial properties in Florida. MMG is also the sole owner and developer of Tamarack Resort, a four-season and ski resort master planned for 2,200 residential units in Idaho. Prior to MMG, its principals led Navarro Discount Pharmacies.
