13th Floor Investments

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

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.

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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

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.

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

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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