Arquitectonica

Oak Row Equities (Formerly Carpe Real Estate Partners) Acquires 2.1-Acre Edgewater Assemblage For Mixed-Use Development

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

Carpe Real Estate Partners, a vertically integrated real estate private equity and development company, founded by Erik Rutter and David Weitz in 2018, announced a rebrand to Oak Row Equities. The name change comes as the company continues to mature from its launch in 2018 with one property under management to now over three million square feet under development and one billion dollars of assets under management. In addition to the rebrand, Oak Row Equities announced that it has closed on the acquisition of a 2.1-acre site on one of the last remaining undeveloped city blocks in the urban core. The firm acquired 2600 Biscayne Boulevard in Miami’s popular Edgewater neighborhood for $35 million to develop a mixed-use project designed by architecture firm Arquitectonica. Oak Row Equities is one of Miami’s fastest-growing real estate development firms with active projects in Wynwood, North Miami Beach, Edgewater, and the Design District.

42 Pine Lands $35.5 Million Construction Loan From BridgeCity Capital, Reaches 50% Sold Mark

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

Brooklyn, New York-based BridgeCity Capital is providing $35.5 million in financing to Miami Beach-based JP Roosevelt to begin construction on 42 Pine, an 8-story boutique condominium building envisioned for 340 West 42nd Street between Sheridan Drive and Pine Tree Drive in Nautilus, Miami Beach. The project is designed inside and out by Arquitectonica with landscaping by ULU Studio and offers 50 well-appointed residences spanning 700 to 2,700 square feet, ranging between 1-to-3 bedroom residences and penthouse units. Sales launched just over a month ago, and has already reached the 50% sold mark. Units are priced from $700,000 to $4,000,000 with sales and marketing exclusively handled by Mushka Jacobson of Douglas Elliman.

DACRA’s 15-Story Class-A Office Building ‘The Ursa’ Submitted To Miami’s Urban Development Review Board For Approval

8:00 am on June 20, 2022 By Oscar Nunez

An Urban Development Review Board (UDRB) application has been submitted for review and approval in regard to The Ursa, a 15-story office building proposed for development at 30 Northeast 29th Street in Miami’s Design District. Featuring world-class architecture from design firm Arquitectonica and developed by Sun King LLC, an entity directed by DACRA CEO Craig Robins, The Ursa comprises 274,268 square feet of space including 159,892-square-feet of Class-A office space across 10-stories, 6,780 square feet of ground floor retail space, and 134 parking spaces all within a 222-foot-tall artistically-designed structure. The application was scheduled for review on June 15, 2022 and is now pending approval.

New Renderings From Arquitectonica Revealed For Proposed Miami Freedom Park In Grapeland Heights

8:00 am on June 19, 2022 By Oscar Nunez

The developers behind the proposed Miami Freedom Park have submitted a revised master plan and new renderings to city planners for review. Arquitectonica is listed as the architect with ArquitectonicaGEO as the landscape architect and Miami Freedom Park, LLC (MFP) is the developer for the 72-acre property at 1400 – 1550 Northwest 37th Avenue in Grapeland Heights beside Miami International Airport. The property is solely owned by the City of Miami, and is leased to MFP for 99-years with the intent of developing a world-class 25,000-seat Major League Soccer stadium for Inter Miami CF, a 600,000-square-foot Soccer Village with food, beverage and retail venues, 750 hotel rooms, 400,000 square feet of office space, and 5,100 parking spaces.

Swire Properties And Related Companies Unveil Florida’s Tallest And Largest Commercial Skyscraper For 700 Brickell Avenue

8:00 am on June 17, 2022 By Oscar Nunez

Miami-based Swire Properties Inc. (Swire), the U.S. real estate arm of the Hong-Kong listed multinational corporation Swire Group, and New York-based Related Companies (Related), the powerhouse developer behind Hudson Yards in Manhattan, have unveiled their official plans for One Brickell City Centre, an approximately 1,000-foot supertall commercial skyscraper proposed to replace an aging 10-story office building at 700 Brickell Avenue in Brickell, Miami’s Financial District. The project is designed by internationally renowned architecture firm Arquitectonica and is proposed to yield 1.6 million square feet of office space with the largest floor plates in Miami for a Class-A office building. If approved, One Brickell City Centre would become both the tallest and largest commercial building in Florida, representing the second phase of Swire’s 4.9-million-square-foot Brickell City Centre mixed-use complex.

Foundation Permit Issued For 47-Story Residential Tower At 77 SE 5th Street In Brickell

8:00 am on June 14, 2022 By Oscar Nunez

A phased foundation permit has been issued to Miami-based real estate developer Related Group for a 47-story residential tower at 77 Southeast 5th Street in Brickell, Miami. According to a pending permit for vertical construction filed in December 2020, the plan for this development is a 478-foot-tall tower with 720,101 square feet of space including 506 multi-family rental units. The project is going by the name of One Brickell Tower II for the time being, and is designed by Arquitectonica. John Moriarty & Associates of Florida Inc. is listed as the general contractor. The permit was approved on June 2, 2022, and Related will have until November 29, 2022 to complete foundation work.

FAA Permits Filed For Three Tower Cranes At The Site Of 39-Story Nema Miami In Edgewater

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

Permit applications have been filed with the Federal Aviation Administration for three tower cranes at the development site for Nema Miami, a 39-story mixed-use project in the works at 2900 Biscayne Boulevard in Edgewater, Miami. The development is the first of two phases being administered by Miami-based developer Crescent Heights, which is expected to yield nearly 943,000 square feet of space including 588 apartments, over 50,000 square feet of commercial space anchored by Whole Foods, and as many as 748 parking spots within a 428-foot-tall building. Nema Miami is designed by Arquitectonica with ODP Architecture & Design as the architect of record and New York-based Rockwell Group is handling interiors.

European-Styled Monaco Yacht Club And Residences Gets TCO, Begins Closings In Miami Beach

8:00 am on May 29, 2022 By Oscar Nunez

The Monaco Yacht Club & Residences, a new nautically-themed, 12-story boutique bayfront residential building and private marina, has received its temporary certificate of occupancy (TCO), signaling the start of closings. The 137-foot-tall development is located at 6800 Indian Creek Drive in the North Beach section of Miami Beach, bound by Biscayne Bay on the west. Designed by world-renown architect Arquitectonica and developed by Optimum Asset Management USA, the European-style property yields just 39 luxurious waterfront residences delivered filly finished with curated interiors by esteemed architect Piero Lissoni. Sales and marketing is being handled by Fortune International Sales, with units priced from $1.1 million.

FAA Building Permits Filed For 294-Foot-Tall Building On Parcel 11 In Magic City Innovation District

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

The Federal Aviation Administration (FAA) received building permit applications for a 294-foot-tall building to be constructed in the emerging Magic City Innovation District. Coordinates listed in the filings align with a 25-story residential tower at 6001 Northeast 2nd Avenue designed by Arquitectonica that was unanimously approved by Miami’s Urban Development Review Board (UDRB) back in November 2021. Parcel 11, the current naming scheme for the project, is proposed to bring 522,806 square feet of space including 349 luxury residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces. The developer is MCD Miami LLC, a joint venture partnership between real estate developer Plaza Equity Partners, brokerage firm Metro 1, and investment firms Luna Rouge and Dragon Global.

Demolition Permits Issued To Make Way For 44-Story LOFTY Brickell At 99 SW 7th Street In Miami

8:00 am on May 12, 2022 By Oscar Nunez

Full demolition permits have been issued by the City of Miami for the removal of a 20,000-square-foot structure located at 99 Southwest 7th Street, at the intersection with Southwest 1st Street and South Miami Avenue in Brickell. The property, which spans just over 70,000 square feet, sits on the southern riverbank of the Miami River with over 100-feet of water frontage and will soon undergo preparations for the development of LOFTY Brickell, a 44-story residential building designed by Arquitectonica with landscape architecture by Urban Robot Associates for Newgard Development Group (Newgard). The project is planned to comprise 364 fully-finished and furnished residences with curated interiors by INC and 40,000 square feet of amenities, licensed for sharing and short-term rentals, estimated to rise 481-feet.

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