Optimum Properties to Launch $120M Expansion of North Miami Beach Apartment Complex
A $120-million expansion of Aliro Apartments, a North Miami Beach multifamily development owned by New Jersey-based Optimum Properties, is expected to break ground in early spring of 2022.
The Aliro Apartments project will include the renovation of five existing buildings that currently total 870 units, an addition of a 516-unit, nine-story building and a 21,200-square-foot amenity building.
FINFROCK will serve as architect, structural engineer, precast concrete manufacturer and general contractor
“With 870 units already occupied, the site poses the challenge of building with minimal disruption to the current residents,” explained FINFROCK president Bill Finfrock. “But with FINFROCK’s unique building solution, most construction will occur off-site at our manufacturing facility so that Aliro residents won’t experience heavy site traffic, inconvenient debris or disruptive construction.”