Miami Design District

UNCG And Vertical Developments Propose 27-Story Condo-Hotel At 445 NE 36th Street In Miami

Urban Network Capital Group (UNCG) and Vertical Development have filed plans for a condo-hotel development to be reviewed by the city’s Urban Development Review Board on January 17. The project, strategically located between Miami Design District and Edgewater, involves a 19,292-square-foot site at 445 and 455 Northeast 36th Street and extends to 3618 and 3630 Northeast. Fifth Ave. Currently occupied by four small apartment buildings, the site is conveniently positioned south of Interstate 195 along the exit ramp.

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Terra And Lion Development Group Acquire Prime Property For ‘Iconic’ Condominium Tower Designed By Arquitectonica In Miami

In partnership with Lion Development Group, Miami-based Terra has acquired a prominent 1.6-acre property at 3501 Northeast 1st Avenue in Miami for $40 million. The site’s strategic location will transform into an iconic luxury condominium tower at the intersection of highly sought-after neighborhoods, including the Design District, Midtown, Wynwood, and Miami Beach. The esteemed architectural firms Arquitectonica and Yabu Pushelberg have been entrusted with the design of this forthcoming landmark. Metropolitan Commercial Bank has provided $30 million in financing to facilitate the property acquisition and fund initial site development, paving the way for groundbreaking in 2024. The completion of this project is estimated for 2026.

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Helm Equities Reveals $300 Million Plan For Parterre 42, The First COOKFOX-Designed Tower In South Florida

Helm Equities, a progressive real estate development, investment and management organization based in New York City and affiliate of New York City-based JEMB Realty Corporation, recently announced plans for the $300 million development of Parterre 42, a 500,000-square-foot office and retail building in the heart of the Miami Design District. Designed by New York City’s award-winning COOKFOX Architects, experts in biophilic design, along with ODP Architecture & Design as the architect of record, Parterre 42 introduces Miami’s first seamless indoor-outdoor working experience. With more than 80,000 square feet of functional outdoor space dispersed across all floors of the building, providing both private terraces and shared outdoor experiences, overflowing with lush greenery, Parterre 42 will redefine what is possible in a Miami office experience.

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DACRA’s 15-Story Class-A Office Building ‘The Ursa’ Submitted To Miami’s Urban Development Review Board For Approval

An Urban Development Review Board (UDRB) application has been submitted for review and approval in regard to The Ursa, a 15-story office building proposed for development at 30 Northeast 29th Street in Miami’s Design District. Featuring world-class architecture from design firm Arquitectonica and developed by Sun King LLC, an entity directed by DACRA CEO Craig Robins, The Ursa comprises 274,268 square feet of space including 159,892-square-feet of Class-A office space across 10-stories, 6,780 square feet of ground floor retail space, and 134 parking spaces all within a 222-foot-tall artistically-designed structure. The application was scheduled for review on June 15, 2022 and is now pending approval.

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Demolition Permits Filed For 30 Northeast 39th Street In Miami’s Design District

Total demolition permits have been filed for a single-story building at 30 Northeast 39th Street in Miami’s Design District. The 6,232-square-foot structure was built in 1920 according to property records, and was used as a commercial building with retail purposes. The interior lot spans 6,756 square feet and is located on the northeast corner of the block, bound by NE 39th St. on the North and NE Miami Ct. on the West. This parcel of land, along with the 14,434-square-foot parcel 3825 N. Miami Ave. on the northwest corner of the block, will eventually make way for The Ursa, a 15-story Class-A office building designed by Arquitectonica and developed by Sun King LLC, an entity affiliated with Design District real estate developer Dacra led by CEO and President Craig Robins. The development was originally proposed to yield 180,000 square feet of leasable office space and 6,800 square feet of ground floor retail with museum-quality exterior public art and interior art curated by Daniel Arsham.

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