Monroe Capital

Dewatering And Tree Permit Applications Filed For Three-Tower Development At 700 N. Miami Avenue In Miami Worldcenter

8:00 am on May 29, 2024 By Oscar Nunez

Dewatering and tree permit applications have been filed for 700 North Miami Avenue, a massive three-tower mixed-use development planned by Witkoff Group and Monroe Capital at Miami Worldcenter in Downtown Miami. Designed by Kobi Karp, the project will entail over 3 million square feet of space, including 2,350 residential units, over 30,000 square feet of ground-floor retail, and 1,924 parking spaces distributed across three towers. The project is advancing through the construction permitting process, with several new permits recently submitted – signaling that foundation work could commence soon for the former Miami Arena site.

Auberge Resorts Collection Appointed To Manage The Shore Club Resort & Residences In Miami Beach, Designed By Robert A.M. Stern Architects

8:00 am on April 1, 2024 By Oscar Nunez

Developers Witkoff and Monroe Capital have entrusted Auberge Resorts Collection with the management of The Shore Club Resort & Residences in Miami Beach, Florida. Planned for a 2027 opening, the project is poised to rejuvenate and upgrade this distinguished site into a multifaceted destination, blending hotel accommodations with premium residential offerings.

Pebb Capital Secures $173M Construction Loan For ‘Sundy Village’ At 22 W. Atlantic Avenue In Downtown Delray Beach

8:00 am on December 26, 2023 By Oscar Nunez

Pebb Capital has secured a $173 million construction loan from Monroe Capital & J.P. Morgan for Sundy Village, a mixed-use development spanning approximately seven acres in the heart of Downtown Delray Beach. Following its groundbreaking in early 2023 and with delivery anticipated for summer 2024, this announcement marks another milestone for what will be the most unique, fully-amenitized lifestyle destination in the Atlantic Avenue District.

Renderings From Kobi Karp Reveals Design For Witkoff Group’s 3 Tower Mixed-Use Development At Miami Worldcenter

8:00 am on June 15, 2023 By Oscar Nunez

Renderings have been revealed for the highly anticipated 700 North Miami Avenue at Miami Worldcenter, an ambitious three-towered mixed-use complex set to rise on the former site of the Miami Arena. Developed by the renowned…

Witkoff Group Signs Utility Deal For 700 N. Miami Avenue Site At Miami Worldcenter

8:00 am on May 19, 2023 By Oscar Nunez

Witkoff Group, the New York-based development powerhouse, is making steady strides toward transforming the former site of the Miami Arena. This prime real estate, nestled within the heart of the vibrant Miami Worldcenter, is preparing to welcome three towers spanning as many as 57 floors, marking a testament to the city’s evolving architectural landscape.

FAA Approves Height For Planned Towers At 700 North Miami Avenue In Miami Worldcenter

8:00 am on March 26, 2023 By Oscar Nunez

The Federal Aviation Administration (FAA) has given the green light for a significant mixed-use development project at 700 North Miami Avenue at Miami Worldcenter, the former site of the Miami Arena, and canceled Marriott Marquis Miami Worldcenter Hotel & Expo Center. Designed by Kobi Karp Architects with Kimley-Horn as the traffic engineer and developed by an affiliate of New York-based Witkoff Group and Chicago-based Monroe Capital, the development is planned to yield nearly 3.4 million square feet of space across three towers spanning as many as 57 stories.

Witkoff Group Initiates Pre-Application For 700 North Miami Avenue At Miami Worldcenter

8:00 am on January 13, 2022 By Oscar Nunez

A pre-application has been initiated for an administrative site plan review with the Miami-Dade County Department of Regulatory and Economic Resources for 700 North Miami Avenue, the site of the cancelled Marriot Marquis Miami Worldcenter and the former location of the Miami Arena (demolished in 2008). The application lists WG 700 North Miami LLC, an entity owned and managed by New York City-based Witkoff Group, as the owner of the application, and reveals Miami-based Kobi Karp Architects is leading the design for the project. Plans for the 4.7-acre site consists of three 57-story mixed-use buildings with up to 2,195 residential units, 540,000 square feet of office space, and 49,999 square feet of retail space. Witkoff, along with Chicago-based Monroe Capital, acquired the property for $94 million from MDM Group in July of last year.

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