Former Los Angeles Dodgers player Alex Guerrero proposes a 234-unit Live Local Act tower in Miami’s Wynwood Norte neighborhood.
AG Wyn, managed by Guerrero and Ruben Rodriguez, wants to build the 41-story project on a 0.6-acre site between Northwest Third and Fifth avenues, south of Northwest 37th Street, in Miami, according to an application filed to the city this month. The site is at 330, 334, 344 and 356 Northwest 37th Street.
Called Wynwood Tower, the project will consist of 94 units for households earning no more than 120 percent of the area median income. That’s consistent with the Live Local Act requirement that at least 40 percent of apartments are at workforce or affordable rents.
Miami-Dade County’s AMI is $87,200 annually.
Wynwood Tower will have studios, as well as one- to three-bedroom apartments, according to the application. It will have one four-bedroom penthouse. Most of the below-market rate units will be studios, and 20 of them will be one-bedrooms.
Renderings show the tower will have a colorful façade with varying shades of red, yellow and green. A mural on one side of the building depicts a baseball player.
The project was slated for the Miami Urban Development Review Committee meeting on Wednesday, which was canceled. The next meeting is on April 23.
Guerrero defected from Cuba in 2013, signing with the Dodgers soon afterward. He also played for Japan’s Nippon Professional Baseball’s Chunichi Dragons and Yomiuri Giants teams.
In 2014, he paid $2.5 million for a five-bedroom mansion at 2905 Paddock Road in Weston, according to records.
Across South Florida, former professional athletes increasingly have entered real estate development.
Former NFLer and Super Bowl winner Jonathan Vilma partnered with West Palm Beach Seventh Day Baptist Church last year on a proposal for a 102-unit affordable rental complex and a new church building at 1473 North Haverhill Road in unincorporated Palm Beach County.
In Miami’s Little Haiti, former Major League Baseball player Mo Vaughn last year proposed a 147-unit apartment building at 43 Northeast 53rd Street, as well as 40 and 50 Northeast 54th Street. Vaughn, whose affordable housing firm Omni America isn’t involved in the project, is partnering with Hyperion Group, as well as Omni co-founder Eugene Schneur and managing director Robert Bennett, on the project.
The Live Local Act, a state law passed in 2023 and tweaked last year, incentivizes developers to include below-market rate apartments in their projects in exchange for wiggle room on sites’ zoning restrictions and property tax exemptions.
Developers have filed a flurry of Live Local project applications, including in the Wynwood Norte district north of Wynwood. Cymbal DLT proposed last year a 35-story, 598-unit Live Local apartment project at 3466 and 3470 North Miami Avenue in Wynwood Norte.
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Mapping the five proposed Live Local Act projects in Miami’s Wynwood