It was a day of New York City pride when the largest private development in US history was unveiled to the public.

The workforce housing investor is targeting another strong acquisition year, with Denver and Orlando among its target markets.

Rising interest rates helped to slow home sales in Phoenix at the end of 2018, but the market is expected to rebound.

The venture has announced that its first project will be in Coral Gables at 250 Bird Road, bounded by Aurora Street, Altara Avenue and Salzedo Street. Construction on the project is expected to start in mid-2020 and to be complete within two years of the start of construction.