13th Floor Investments

South Miami Leaders Consider 13th Floor Investments for $309M City Hall Redevelopment Project

8:00 am on September 16, 2024 By Oscar Nunez

South Miami leaders are considering 13th Floor Investments for a $309 million redevelopment project that would transform the city’s municipal complex. The project’s design is by Miami-based Corwil Architects, with Coral Gables-based RJ Heisenbottle Architects serving as the historic preservation consultant. Known as The Link at SoMi, the mixed-use development would include municipal offices, residential apartments, commercial space, a park, and the restoration of a historic building.

West Palm Beach Development Group Seeks $10.6M Incentive for 25-story Mixed-Use Project with Affordable Housing in Downtown West Palm Beach

8:00 am on September 3, 2024 By Oscar Nunez

A development group is seeking up to $10.6 million in incentives to incorporate affordable and workforce housing into its proposed 25-story mixed-use project ‘Fern & Gardenia’ designed by Miami-based Arquitectonica in downtown West Palm Beach. The city’s Community Redevelopment Agency (CRA) Board will review the term sheet for tax increment financing (TIF) from WPB Fern Holdings LLC today. WPB Fern Holdings LLC is a partnership between Miami-based 13th Floor Investments, West Palm Beach-based Wexford Real Estate Investors, and New York-based L&L Holdings.

Developer Lands $83M Construction Loan, Breaks Ground on ‘Parks at Hallandale’ in Hallandale Beach

8:00 am on August 13, 2024 By Oscar Nunez

Miami-based real estate development firm 13th Floor Investments has initiated construction on Parks at Hallandale, a multifamily development located at the southeast corner of Pembroke Road and Northeast 1st Avenue in Hallandale Beach, Broward County. The 15.5-acre project, occupying the sites at 106 and 2002 Pembroke Road, plus 700 and 1000 Northeast 1st Ave, will consist of 398 market-rate and workforce apartments across five-story buildings, with approximately 6,500 square feet of ground-floor retail. CIBC Bank USA provided a loan of $83 million for the project’s construction. Berkadia’s Florida team, led by Scott Wadler and Alec Fox, facilitated preferred equity from Houston-based Marble Capital. The project is expected to be completed in 2026.

Developer Acquires 270 Acres in Tamarac for 335-Unit Single-Family Residential Community

8:00 am on July 16, 2024 By Oscar Nunez

13th Floor Homes, the homebuilding division of Miami-based 13th Floor Investments, has finalized the acquisition of approximately 270 acres in Tamarac, Broward County, to develop a gated luxury residential community. The project, called The Woodlands, will be situated at 4600 Woodlands Boulevard and consist of 335 single-family homes on the former Woodlands Country Club site. Construction is slated to commence in late 2024, with the first homes expected to be delivered by late 2025.

13th Floor Investments Proposes 30-Story Mixed-Use Tower At 500 NE 3rd Avenue In Fort Lauderdale

8:00 am on January 8, 2024 By Oscar Nunez

A 30-story mixed-use building named Flagler Village Residences at 500 Northeast 3rd Avenue in Fort Lauderdale has been proposed for development. Designed by Corwil Architects and WSP serving as the structural engineer, along with Within Hults + Partners as the landscape architect, this project is being developed by Miami-based 13th Floor Investments. The 320-foot-tall structure is expected to yield 602,604.50 square feet of space. This includes 345 multifamily residential units, 3,645 square feet of commercial uses, and 512 structured parking spaces. The Site Plan Level II application for this project is scheduled for review by the Development Review Committee on January 9.

13th Floor Homes Secures $14.1M Financing For Solera At Avalon Trails In Delray Beach

8:00 am on October 25, 2023 By Oscar Nunez

In response to increasing demand for rental housing among South Florida’s active-adult community (ages 55+), 13th Floor Homes, a division of 13th Floor Investments, has secured $14.1 million in construction financing for Solera at Avalon Trails. This community features 74 single-story villas and is located at 14800 Cumberland Drive in Delray Beach, Palm Beach County, Florida. The financing, led by the Canadian Imperial Bank of Commerce (CIBC), will support ongoing construction, set to begin in late 2023, with the first villas delivered in 2024.

ANF Group Tops Out The First Phase Of Parks At Delray At 2100 South Congress Avenue In Delray Beach, Florida

8:00 am on September 1, 2023 By Oscar Nunez

ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services to the South Florida market, celebrated the topping out of the first phase of Parks at Delray, a mixed-use development located on 43 acres, featuring residential, retail and office space along Delray Beach’s Congress Avenue.

Developers Advance Plans For Iconic 80-Story Condo Tower At Miami’s First Presbyterian Church Site

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

Developers 13th Floor Investments and Key International are moving forward with their ambitious project at 609 Brickell Avenue in Miami in collaboration with architect Sieger Suarez. The First Miami Presbyterian Church, located at this address, had previously agreed to a deal with the developers that could lead to the construction of one of Miami’s tallest and most iconic buildings—an 80-story luxury condo tower on the church’s property.

Construction Completes On 37-Story Cascade At 3050 Southwest 37th Avenue In Miami

8:00 am on January 25, 2023 By Oscar Nunez

Construction is complete on Cascade, a 37-story multi-family building at 3050 Southwest 37th Avenue in Miami. Designed by Arquitectonica and developed by a joint venture partnership between Miami-based real estate developers 13th Floor Investments and Adler Development, in partnership with global investment manager Barings, the building contains 421 modern apartment homes from studios to three-bedroom floor plans, encompassing 510 to 1,323 square feet of space. The project is the second residential tower to be delivered within the 7-acre Link at Douglas master plan, bound by Peacock Avenue to the north, Southwest 37th Avenue (Douglas Road) to the east, Shipping Avenue and South Dixie Highway to the south, and Southwest 37th Court to the west. Civic Construction served as the general contractor for the building, which received its Temporary Certificate of Occupancy (TCO) from Miami-Dade County on Jan. 5.

13th Floor Investments Files Plans For 17-Story Mixed-Use Tower Near Aventura, Florida

8:00 am on December 31, 2022 By Oscar Nunez

Miami-based developer 13th Floor Investments, under the 13th Floor Acquisitions, LLC, has filed plans for a 17-story mixed-use building at 19680 and 19770 West Dixie Highway in the Ojus neighborhood of Miami-Dade County, near Aventura. Designed by Corwil Architects, the nearly 190-foot-tall structure would yield 561,775 square feet of space including 350 multifamily residential units, approximately 5,300 square feet of ground floor retail, and 545 parking spaces with 20% designated for electric vehicle charging. The property is located just west of Aventura Mall and steps away from the new Brightline Aventura Station.

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