February 2025 | $185M Rainbow Village Begins Construction Near Wynwood

February 2025 | $185M Rainbow Village Begins Construction Near Wynwood

Rainbow Village, a $185M Development, Breaks Ground Near Wynwood

Construction has officially begun on Rainbow Village, a $185 million mixed-use development located on county-owned land at the border of Wynwood and Overtown, according to a press release.

The project will feature:

  • 310 affordable housing units
  • Nearly 12,000 square feet of retail space
  • Over 50,000 square feet of amenity space
  • 442 parking spaces

All units will have income restrictions, with studio to three-bedroom apartments priced between $793 and $2,634.

Zyscovich serves as the architect, while Housing Trust Group is leading the development. Construction is slated for completion in Q1 2027, with leasing expected to begin in late 2026.

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February 2025 | $185M Rainbow Village Begins Construction Near Wynwood
February 2025 | $185M Rainbow Village Begins Construction Near Wynwood

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