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Hialeah industrial building will be demolished to make way for apartments

Plans for the Parc Vista apartments in Hialeah received a boost with $13 million construction loan.

Boca Raton-based Amzak Capital Management awarded the mortgage to Hialeah 7.65 LLC, an affiliate of Miami Lakes-based Prestige Builders Group. It covers the 5.2-acre site at 7755 West Fourth Ave. (Red Road).

Parc Vista was approved in 2018 for 212 garden-style apartments in nine buildings. It was designed by architect Albert Gonzalez.

An industrial building there will be demolished. There’s been a trend of older industrial buildings in Doral being replaced by multifamily and mixed-use projects.

The site is just south of Miami-Opa Locka Executive Airport, where a major Amazon.com fulfillment center is under construction. The project is also near Amelia Earhart Park.

Plans for the Parc Vista apartments in Hialeah received a boost with $13 million construction loan. Boca Raton-based Amzak Capital Management awarded the mortgage to Hialeah 7.65 LLC, an affiliate of Miami Lakes-based Prestige Builders Group. It covers the 5.2-acre site at 7755 West Fourth Ave. (Red Road). Parc Vista was approved in 2018 for [...]

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