In May 2022, TriStar Capital, Integra Investment, and LNDKMRK Development purchased a 1.03-acre property for $23 million. They purchased the parcel from LV Lending, which seized the property following a bankruptcy filing. Previous owners had plans for it to become “Triptych Miami,” but now, a new project is underway.
Real estate developer Terra and wellness brand THE WELL have begun construction on THE WELL Bay Harbor Islands at 1100 Kane Concourse in Miami’s Bay Harbor Islands. The project includes an eight-story residential building with 54 residences, over 22,000 square feet of amenities, and a separate office building totaling 102,000 square feet. THE WELL Bay Harbor Islands represents the collaboration between Terra and THE WELL in integrating wellness concepts into residential and office environments. The estimated completion date is Q2 of 2025.
As South Florida’s suburban markets continue to draw companies seeking quality office spaces at competitive prices and convenient commutes, Coconut Grove remains a preferred choice for its balanced live-work-play environment. 3480 Main, a boutique Class A office building designed by award-winning architect Arquitectonica, is seeing increased leasing activity, with four new leases recently signed.
New York-based real estate development and investment firm Naftali Group has announced official plans for a 67-story mixed-use building to rise over 700 feet on a 1.02-acre site at 1044 and 1016 Northeast 2nd Avenue…
Construction is officially underway for the NoMad Residences Wynwood, a nine-story building offering 329 condos. The condos, which are expected to be completed by 2025, start at a price point of $600,000 for a studio, and they come fully furnished.
