FL Billionaire Family Proposes Huge Mixed-Use Project With $5 Million Toward Affordable Housing

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Some Floridians are aware that billionaires who call the Sunshine State home do work that leaves their mark on the state. I've written about Ken Griffin donating around $300 million to Florida causes since moving in 2022. I've also reported on billionaire Jorge Pérez donating a $10 million penthouse to an arts nonprofit. And now, the billionaire Ansin family has reportedly proposed a huge mixed-use development in Miramar. And millions will go toward affordable housing.

About The Ansin Family: According to The Real Deal, the Ansin family is one of the wealthiest in South Florida. The family also owns WSVN, a FOX affiliate in Miami. The Miami Herald estimates Edmund Ansin's net worth as $1.5 billion.

The Proposed Massive Mixed-Use Development: The Ansin family's company, Sunbeam Properties, has proposed a 126-acre mixed-use development called Park Miramar at the northeast corner of Miramar Parkway and Red Road. The project would reportedly include 2,874 apartments, a 185-key hotel, plus retail, restaurants, and 7,859 parking spaces.

If the project is approved, Sunbeam would pay $5 million into Miramar’s affordable housing fund over time and would also commit to reserving 100 apartments for affordable housing.

Sunbeam CEO Andy Ansin told Bisnow that he saw the project as an important enhancement for the community, explaining, in part:

“...There’s really limited to no neighbors out there, the only thing out there is our business park and some apartments. Everyone sees the need for improved services and entertainment in an area that’s really lacking...A lot of this is really children-oriented. The open spaces, the green spaces, the activations, it will very much be a place where the parents can take the kids for half a day.”

Sunbeam is currently asking for the property to be rezoned for the project.

The author is not affiliated with Sunbeam Properties or any other developers.