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Reading: Alonzo Mourning Has Built A $37 Million Senior Living Complex In Florida, With Rent Varying From $322 To $1,316 Per Month
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Home > NBA News & Media > Alonzo Mourning Has Built A $37 Million Senior Living Complex In Florida, With Rent Varying From $322 To $1,316 Per Month

Alonzo Mourning Has Built A $37 Million Senior Living Complex In Florida, With Rent Varying From $322 To $1,316 Per Month

Hall of Famer Alonzo Mourning's latest philanthropic endeavor focused on affordable housing for seniors.

Gautam Varier
Sep 17, 2025
4 Min Read
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Mandatory Credit: Kirby Lee/Image of Sport-Imagn Images

Hall of Famer Alonzo Mourning continues to shine long after the end of his professional career. Mourning’s non-profit organization, AM Affordable Housing, teamed up with Miami-based Housing Trust Group to build Astoria on 9th, a 120-unit affordable senior housing complex in Bradenton, Florida.

The complex was opened in May, and according to Business Observer, it cost $37.4 million to build. This project was launched with the growing demand among older adults for affordable housing in mind.  

“There’s a shortage of 7 million affordable housing [units] across our country,” Mourning said. “This shortage disproportionately affects certain groups: our seniors, people with disabilities, people of color [and] people that are serving our armed forces.”

To reside in Astoria on 9th, one must be at least 55 years old and earn at or below 22%, 30% or 60% of the area median income. The lowest rent is just $322 a month, while the highest is $1,316. While the rent is low, it’s by no means a shabby place to live.

The five-story building at 2244 Ninth St. W. consists of both one and two-bedroom apartments that range from 635 to over 900 square feet. The amenities in the complex include a clubhouse, a dog park, a fitness center, and a cyber cafe with a kitchen and bar. There are programs for residents, such as adult literacy training, and they are also provided with assistance for daily activities.

This is an incredible gesture, and this isn’t the first time that these two organizations have teamed up. Mourning has helped develop 10 affordable housing complexes with the Housing Trust Group since 2006. It’s commendable how he has strived to give back to the community.

Mourning played 15 seasons in the NBA after being selected with the second pick in the 1992 NBA Draft by the Charlotte Hornets and earned about $147 million in salaries, according to Spotrac. The 55-year-old, who won an NBA championship with the Miami Heat in 2006, has focused on philanthropic ventures for much of his life.

Most notably, Mourning founded the Mourning Family Foundation with his ex-wife, Tracy, all the way back in 1997. They have raised over $25 million to support various youth development programs.

Mourning, who now has a net worth of $70 million according to Celebrity Net Worth, has done all this good work while battling some major health issues of his own. He nearly retired in 2003 due to a life-threatening kidney disease, focal segmental glomerulosclerosis. Fortunately, a kidney transplant ensured he was able to carry on.

Unfortunately, that wasn’t the last serious health battle that Mourning had to fight. He was diagnosed with stage 3 prostate cancer, but did manage to overcome it in 2024. Mourning has now become an advocate for prostate cancer awareness and encourages men to get checked for silent killers such as prostate and colon cancer.

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ByGautam Varier
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Gautam Varier is a staff writer and columnist for Fadeaway World from Mumbai, India. He graduated from Symbiosis International University with a Master of Business specializing in Sports Management in 2020. This educational achievement enables Gautam to apply sophisticated analytical techniques to his incisive coverage of basketball, blending business acumen with sports knowledge.Before joining Fadeaway World in 2022, Gautam honed his journalistic skills at Sportskeeda and SportsKPI, where he covered a range of sports topics with an emphasis on basketball. His passion for the sport was ignited after witnessing the high-octane offense of the Steve Nash-led Phoenix Suns. Among the Suns, Shawn Marion stood out to Gautam as an all-time underrated NBA player. Marion’s versatility as a defender and his rebounding prowess, despite being just 6’7”, impressed Gautam immensely. He admired Marion’s finishing ability at the rim and his shooting, despite an unconventional jump shot, believing that Marion’s skill set would have been even more appreciated in today’s NBA.This transformative experience not only deepened his love for basketball but also shaped his approach to sports writing, enabling him to connect with readers through vivid storytelling and insightful analysis.
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