A mixed-use project called “Oleta” could soon start construction in North Miami, Florida. The 5.5-acre build site (which used to host a PBS studio) is planned to offer 832 residential units and “a variety of attractive commercial spaces for the neighborhood,” per North Miami Florida.
The development will offer four residential towers, with two measuring eight stories and two measuring 20 stories. The homes will measure 573 square feet to 1,171 square feet each, featuring one-bedroom to three-bedroom layout plans. Rent information is not publicly available at this time.
The build site measures 5.5 acres.
Plans also call for a six-story parking garage offering more than 1,100 spots. In total, the venture calls for 763,708 square feet of new construction and more than 19,000 square feet of commercial space, per the South Florida Business Journal. Communal amenities include a swimming pool and community garden.
Construction isn’t expected to start before the first quarter of 2024. Sources note that the venture is in its final stages of entitlement. Robert Finvarb Companies is the venture’s developer. TAG Architecture is the architect, and D.E.T. Strategies Consultants, LLC is the civil engineer.
The venture requires demolishing a PBS studio.
Oleta will span 14901 Northeast 20th Avenue and 2050 Northeast 151st Street in North Miami, Florida, in Miami-Dade County. Developers chose the build site because of its proximity to the FEC Railway.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
If they chose the site because of proximity to FEC tracks a station must be slated for this area . This area can use to residents and business that it brings.