Pioneering developer Lissette Calderon is embarking on her third multifamily project in Miami’s Allapattah neighborhood as part of her strategy to build homes in previously overlooked nooks.

Calderon plans to build a 12-story, 237-unit building with ground-floor retail on 1.5 acres acquired for $3.6 million on the heels of topping off her first Allapattah apartment tower.

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