Aliro Apartment Project in North Miami Beach to Undergo $120 Million Expansion - S. Florida Business & Wealth

Aliro Apartment Project in North Miami Beach to Undergo $120 Million Expansion

Aliro Apartments, a North Miami Beach multifamily development, is slated to undergo a $120 million enhancement beginning in the early spring of 2022. FINFROCK, a design-builder and manufacturer that recently expanded operations into South Florida, will serve as architect, structural engineer, precast concrete manufacturer and general contractor of the property’s renovation.

“We are excited to partner with Optimum Properties on Aliro Apartments, a high-profile multifamily project that will showcase our vertically integrated design-build and manufacturing capabilities to the South Florida market,” says Allen Finfrock, CEO of FINFROCK, which was founded in 1945 and is an independently owned design-builder with corporate offices in Central Florida and additional manufacturing facilities in South Florida. “The project will also expedite the creation of more jobs in South Florida with Aliro’s first precast building components set to be poured at our new manufacturing facility in Belle Glade, Florida.”

The Aliro Apartments project will include the renovation of five existing buildings that currently house 870 units, an addition of a 516-unit, nine-story building and a 21,200 square feet amenity building, along with the creation of two resident parking structures totaling more than 1,000 parking stalls. 

“With 870 units already occupied, the site poses the challenge of building with minimal disruption to the current residents,” says Bill Finfrock, company president. “But with FINFROCK’s unique building solution, most construction will occur off-site at the manufacturing facility so that Aliro residents won’t experience heavy site traffic, inconvenient debris or disruptive construction that would typically come with a project of this size.”

FINFROCK’s award-winning architecture team has designed the Aliro Apartments with radius balconies along with a wide array of luxury amenities that will provide residents with their very own community conveniences just steps away from their living quarters. The new amenity building will feature a 2,600 square foot clubhouse, a 3,700 square foot café and market, in addition to residential storage, a work-from-home lounge, fitness area retail space and a pet spa.

You May Also Like
Basis Industrial Names Anthony Scavo CEO, Nisha Patel COO

 Basis Industrial, a vertically integrated real estate owner and operator, today announced the expansion of its executive leadership team with Anthony Scavo assuming the role of CEO and managing partner,

Read More
A man wearing a dark blue suit and white shirt poses against a plain white background, looking directly at the camera with a neutral expression. South Florida Business & Wealth
South Florida’s Luxury Housing Market Continues Momentum

South Florida’s luxury housing market posted strong gains during the second quarter of 2026, with high-end home and condominium sales climbing sharply across the region, according to the latest Luxury

Read More
Smiling woman with wavy brown hair wearing a beige blazer, black top, and layered necklaces, posed against a plain light background. South Florida Business & Wealth
ANF Receives Several Build Florida Awards

ANF, a trusted full-service construction and development firm, was recognized with multiple Build Florida Award  by the South Florida Associated General Contractors (AGC), including a Best in State award for the Big Cypress Senior Center &

Read More
Six professionally dressed people stand together smiling at the 2026 AGC of Greater Florida Build Awards event, in front of a branded backdrop and under bright lights. One man holds a plaque or booklet. South Florida Business & Wealth
Sales Begin at 619 Brickell by Nobu, Foster + Partners

13th Floor Investments and Key International today announce the official launch of sales for 619 Brickell by Nobu · Foster + Partners, marking Nobu’s first-ever residential project in Miami. The

Read More
Luxury infinity pool and hot tub on a modern terrace overlooking the ocean, surrounded by lush plants and contemporary architecture, with a glass railing and a clear sky at sunset. South Florida Business & Wealth
Other Posts
Berkadia Arranges Construction Loan for Coral Gables Condo

Berkadia, a leader in the commercial real estate sector, announced today that it arranged $100 million in construction financing for Alhambra Parc, an eight-story luxury mixed-use condominium development with 74

Read More
Street view of a modern, multi-story luxury apartment building with palm trees, large entrance, decorative facade, and retail shops. People walk by, and two cars are parked on the street in front of the building. South Florida Business & Wealth
Developers Break Ground on New Condominium Near Aventura Mall

 Growin Group and Property Pro Partners broke ground on EDEN, a new luxury residential development, located at 2557 NE 180th Street — near Aventura Mall. Boutique Residences The development will feature 32 luxury residences

Read More
A modern multi-story building with large glass balconies, palm trees on both sides, cars parked in front, and purple flowers in the foreground under a clear blue sky. South Florida Business & Wealth
Transit-Oriented Living Arrives in Boca

Link at Boca breaks ground near the Tri-Rail station, adding 340 apartments, retail, and new density to one of Palm Beach County’s fastest-evolving corridors.

Read More
A group of people in business attire and hard hats stand in front of a construction site banner, holding shovels and posing for a groundbreaking ceremony on a sunny day. South Florida Business & Wealth
Related Ross Expands Its Palm Beach Waterfront Portfolio

Edgeworth follows strong sales at South Flagler House as West Palm Beach’s corporate growth drives demand for high-end housing.

Read More
Two modern high-rise buildings with curved balconies, viewed from below against a blue sky. Palm trees frame the scene, adding a tropical atmosphere. South Florida Business & Wealth