Reef at Riviera
Project Type
New Construction
Location
Palmetto, Florida
Completion Date
September 2022
Total Development Cost
$58,250,000
Site Size
6.50 Acres
257,220 Square Feet
Building Size
224 Apartments
100% of Units Affordable
About the Project
This development provides affordable housing for tenants over the age of 62 who income-qualify, earning no more than 60% of the Area Median Income. The unit mix consists of 112 one-bedroom homes, 92 two-bedroom homes, and 20 three-bedroom homes. The finishes and amenities will be comparable to a new market rate housing. Located in Palmetto Florida, the property is just a short walk from the Manatee River.
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Dominium has completed hundreds of developments of all size and scope. Contact the company today to learn more about its methodology and approach to the most challenging real estate projects.