Articles by Oscar Nunez

Empira Group Acquires Rare Development Site Near Brickell With Plans For An 85-Unit Multifamily Project

8:00 am on September 9, 2022 By Oscar Nunez

Switzerland-based real estate investment firm Empira Group acquired a rare 0.53-acre development site west of Brickell that consists of two vacant aged apartment buildings at 3025 and 3051 Southwest 3rd Avenue. The developer has plans to build an 8-story mid-rise multifamily project in “The Roads” neighborhood to satisfy the area’s rising demand for housing fueled by businesses relocating to Miami’s urban core. Designed by Revuelta Architecture International, CoralGrove is planned to yield 85 residential units in a mix of one-, two- and three-bedroom floor plans and 900 square feet of ground floor retail. Empira closed on the acquisition of the sites on August 29th, aiming to break ground in the second half of 2023 and deliver the project in 2025.

Demolition And Plumbing Permits Issued For NR Investment’s Uni+Dos Site In Miami’s Arts & Entertainment District

8:00 am on September 8, 2022 By Oscar Nunez

Demolition and plumbing permits have been issued to Miami Gardens-based developer NR Investments for 1455 North Miami Avenue, where a 31-story mixed-use tower is planned. The 321-foot-tall structure is designed by Corwil Architects, and is planned to include 398 rental apartments, 8,539 square feet of retail space and a parking garage for 451 vehicles. The developer, under the 14th Street Development LLC, assembled the 49,800-square-foot site over the past decade, located between North Miami Avenue and Northeast Miami Court, with Northeast 14th and 15th Streets on the north and south. The project is officially addressed as 31 Northeast 14th Street, located in the Arts & Entertainments District.

Developers Complete First Phase Of MiLine Miami In Glenvar Heights

8:00 am on September 7, 2022 By Oscar Nunez

ZOM Living, in a joint venture partnership with Mattoni Group, Scout Capital and AEW Capital Management, announced the completion of the first phase of the transformative development MiLine Miami. Phase one includes the delivery of 338 luxury, mid-rise apartments, 4,600 square feet of retail space featuring a brewery and two restaurants, and 1,300 linear feet of the Ludlam Trail for residents and the broader community to enjoy outdoor recreational activities such as walking, biking and hiking. MiLine Miami is designed by MSA Architects with interiors by Meshberg Group and landscaping from Naturalficial. HSQ Group is the civil engineer and Kaufman Lynn Construction is the general contractor.

YIMBY Looks At Some Of South Florida’s Most Anticipated Luxury Residential Developments

8:00 am on September 6, 2022 By Oscar Nunez

As South Florida’s construction boom continues to advance, developers are becoming more and more creative in their product offerings, incorporating notable brands with world-class design from the most renown architectural firms, exclusive amenities, lavish custom interiors from the most prestigious interior design firms, and most importantly – desirable locations with pristine views. In this article, YIMBY will look into four highly awaited, skyline-altering projects expected to break ground in the near future.

Hines Acquires Life Time Living-Branded 495-Unit Gables Station Residential Complex In Coral Gables

8:00 am on September 5, 2022 By Oscar Nunez

Hines Global Income Trust (HGIT), an investment arm of global real estate firm Hines, acquired Gables Station, a 14-story multi-family complex designed by Gensler and located at 225 South Dixie Highway in Coral Gables, for $430 million. The development, which completed construction last year, features 495 Life Time Living® residences. This acquisition is the second largest single-asset multifamily sale in South Florida, reaffirming HGIT’s and Hines’ bullish stance on the future of the market. Since the pandemic, Hines has committed approximately $1.8 billion across three prime developments and acquisitions in South Florida. Willowick Residential, Hines’ boutique multifamily property management firm, will assume the role as property manager for the asset.

Finvarb Group Proposes 5-Story Mixed-Use Development For 1790 Alton Road In Miami Beach

8:00 am on September 4, 2022 By Oscar Nunez

Plans have been filed for a mixed-use project at 1790 Alton Road in South Beach, Miami Beach. The scope of work includes a new construction building of 5-stories set to occupy an irregularly shaped 0.237-acre land parcel nestled between 18th Street and Dade Boulevard, beside an Office Depot supply store and across the street from the Kimpton Hotel Palomar South Beach. Plans for the 79-foot-tall structure calls for 34,679 gross square feet of space including 12 residential units, 2 distinct restaurants and 19 parking spaces. Finvarb Group under the Sobe 18 LLC is the developer and owner of the application, which is scheduled for review by the city’s Design Review Board on October 4, 2022.

Sports & Social Dining And Entertainment Concept Coming to Miami Worldcenter’s ‘Jewel Box’

8:00 am on September 3, 2022 By Oscar Nunez

A national dining and entertainment concept will be joining the already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has signed an agreement with Live! Hospitality & Entertainment to bring its nationally acclaimed concept, Sports & Social, to the project. Located just steps away from Miami’s FTX Arena, Sports & Social’s Miami Worldcenter location will occupy approximately 20,000 square feet within the development’s glass-encased ‘Jewel Box’ retail building, designed by Nichols Architects, and will include an open-air third level and a rooftop restaurant overlooking the World Square public park and plaza.

Wynwood Haus Tops Out At 1765 N. Miami Avenue In Miami’s Wynwood Arts District

8:00 am on September 2, 2022 By Oscar Nunez

Construction continues to progress on Wynwood Haus, a 20-story mixed-use development located at 1765 North Miami Avenue that just recently topped out in Miami’s Wynwood Arts District. The 222-foot-tall structure is designed by a Corwil Architects with landscaping from Enzo Enea, and developed by a joint venture partnership between Lineaire Group, Black Salmon Capital and Bridge Investment Group. 224 rental units will come in studios, one and two bedrooms floor plans ranging from 394 to 945 square feet, accompanied by amenities, a 222-vehicle parking garage and 5,500 square feet of ground floor commercial space.

Lynd Living Acquires One Of The Last Remaining Development Sites At Miami Worldcenter

8:00 am on September 1, 2022 By Oscar Nunez

One of the last remaining vacant development sites in the 27-acre Miami Worldcenter master-planned district, a 20,600-square-foot assemblage at the southeast corner of North Miami Avenue and Northeast 10th Street, traded hands for $30 million. The previous owner, IRR Parkwest Investments LLC – headed by Marc Roberts, sold the 0.47-acre site to 925 N Miami LLC, an affiliate of San Antonio, TX-based Lynd Living (Lynd). A $22.75 million land acquisition loan was arranged by Concord Summit Capital, LLC for the property, alternatively referred as Block 23, which occupies the northeast frontage of North Miami Avenue between Northeast 9th and 10th Streets

Related Group’s Manor At Miramar Tops Off At 1 Main Street In The Heart Of Miramar

7:30 am on September 1, 2022 By Oscar Nunez

Manor at Miramar, an 8-story mixed-use project under construction a 1 Main Street, has topped off in the heart of Miramar, FL. Designed by Stantec and developed by Related Group, the development will offer 393 residential units, a 655-space parking garage and 28,000 square feet of ground-level retail space. Current Builders, led by CEO Michael Taylor, is the general contractor for the project, which is slated for completion in Q3 2023.

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