13th Floor Investments

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.

Potential $240 Million Land Sale Could Clear The Way For A Sculpturesque 80-Story Condo Tower In Brickell

8:00 am on September 21, 2022 By Oscar Nunez

Miami’s oldest Presbyterian church has been given clearance to move forward with the $240 million sale of 2.2-acres of land at 609 Brickell Avenue, one of the last remaining waterfront sites in Brickell. The Permanent Judicial Commission of the General Assembly of the Presbyterian Church, the highest governing body of the religious institution, sided with church leaders and members in favor of selling the land for redevelopment purposes. Miami-based investment and development firms 13th Floor Investments and Key International are planning an 80-story condominium tower designed by Sieger Suarez Architects (Sieger Suarez) that could become a supertall fronting Biscayne Bay. The developers and church leaders are reportedly finalizing the sale contract for the prime development site.

2.6 Acre Development Assemblage. Image courtesy of Google Maps.

Transit-Oriented Mixed-Use Development With Hundreds Of Luxury Apartments Slated For Downtown West Palm Beach

7:30 am on September 26, 2021 By Oscar Nunez

WPB Fern Holdings LLC, a partnership between New York City-based L&L Holding Company, West Palm Beach-based Wexford Real Estate Investors (WREI) and Miami’s 13th Floor Investments, has acquired a prime 2.6-acre development assemblage in the heart of Downtown West Palm Beach. The interior lots include 418 and 464 Fern Street; 401, 415, 417 and 421 South Dixie Highway; 419 and 435 Gardenia Street, all bound by South Quadrille Boulevard to the east and located just a walk away from Brightline’s West Palm Beach high-speed rail station. The partnership is now entering pre-development planning and design work for a mixed-use project, which is expected to yield hundreds of highly-amenitized luxury rental apartments along with ground floor retail and restaurants.

Two 39-Story Towers Proposed For ‘Link At Douglas’ Phase 2 Near Coral Gables

8:00 am on August 31, 2021 By Oscar Nunez

A pre-application meeting has been filed requesting an Administrative Site Plan Review (ASPR) from Miami Dade’s Department of Regulatory and Economic Resources for the development of Link at Douglas -Phase 2, a two-tower 39-story mixed-use building proposed adjacent to the Douglas Road Metrorail Station. The structure is designed by Arquitectonica and being developed between Adler Group and 13th Floor Investments, and is projected to yield over 1.1 million square feet of space including 854 residential units, 84,160 square feet of office space, 3,385 square feet of retail space and 1,166 parking spaces. The property is bounded by Douglas Road to the east, South Dixie Highway to the south and aligns with Southwest 38th Avenue on the west.

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