Commission approves Pinnacle at Cypress site plan for 196 senior affordable units
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Summary
The commission approved a site‑plan amendment for Pinnacle at Cypress, a two‑phase senior affordable housing project that will provide 196 units (phase 1: 100 units) targeted at 60% AMI and below, using a mix of Florida housing sale funds, LIHTC and county loans.
The City Commission approved an amendment to a Site Plan Level 3 development permit for the Uptown Urban Village project known as Pinnacle at Cypress at 6520 North Andrews Avenue.
Tim Wheat, representing Pinnacle, said the project is being developed in two phases, both serving senior households age 62 and older and providing units affordable at 60 percent of area median income or lower; some units will be targeted at extremely low‑income levels. He said Phase 1 (100 units) is financed with Florida Housing sale funds, low‑income housing tax credits and a GAAP loan from Broward County, and that the city previously committed $640,000 to leverage housing credits for phase two. The applicant indicated they expect a favorable outcome on a December application decision in the coming week.
Commissioners asked technical questions about financing and the decision to follow Uptown Urban Village zoning rather than exercising Live Local Act entitlements; the applicant said the team opted to work within existing zoning and use deviations and developer‑city collaboration rather than pursue Live Local preemptions.
The resolution approving the permit amendment passed by roll call vote.