Photo of Alberto Milo, Jr.,  President, Related Urban Development Group

Alberto Milo, Jr., President, Related Urban Development Group

June 17, 2024

Alberto Milo Jr. leads Related Urban Development Group (RUDG), the affordable and workforce housing division of the nation’s most prolific development company, Related Group. In this role, he is responsible for the overall design, development, construction, financing and budgeting for each project within RUDG’s portfolio, whether public, affordable, workforce or mixed-income housing. Under Albert’s leadership, RUDG has built and rehabilitated more than 5,700 units throughout Florida with over $1.5 billion in total development costs.

Most recently, RUDG has begun an ambitious new set of projects which are designed to eliminate many of the drawbacks historically associated with public housing developments. Among these is the $600 million River Parc master plan in Miami’s Little Havana neighborhood, which is cited as the most ambitious affordable housing development in the county to date, built in partnership with Miami-Dade County. The development will contain over 2,500 units along with a new Riverwalk and commercial opportunities.

Similarly, a $400 million mixed-income riverfront development is underway in Tampa’s historic West River district, developed in collaboration with the Tampa Housing Authority. Albert and his team are also currently working on the redevelopment of Liberty Square, the oldest and largest public housing development in the Southeastern United States. The project, which also follows the mixed-income format, will contain over 1,500 units along with commercial and community opportunities. The project has been lauded as one of the most significant public housing redevelopments in South Florida and the country, with HUD Secretary, Dr. Ben Carson, calling the project an example to follow around the nation.

Prior to his tenure at RUDG, Albert owned and operated real estate development, real estate brokerage and mortgage brokerage companies over the span of 20 years. After developing his first affordable housing development in 1999, he formed The Urban Development Group in 2002, focused on revitalizing communities by creating affordable homeownership for underserved markets. As a committed member of the local community, Albert has served on the Miami-Dade County Industrial Development Authority since 2005 until 2020 and is a former member of the Greater Miami Chamber of Commerce’s Workforce Housing Committee. He also served on the board of the YMCA of South Florida from 2017 to 2019. In 2011, he was the President of the Builder’s Association of South Florida where he was awarded the President’s Award and was named Builder of the Year in 2009 and 2019.