Natiivo Miami started construction in February 2021. The $213 million venture is expected to reach completion in the third quarter of 2023. Upon finishing, the 51-story tower will offer 448 condos, ranging from studios to three-bedroom homes.
Miami-Dade County planners received an Administrative Site Plan Review (ASPR) application for the first portion of Upland Park Phase 1, a 15-story mixed-use building planned for 11897 Northwest 12th Street in Sweetwater, Florida, dubbed Building L. Designed by Arquitectonica and developed by Terra Group (Terra) under the Terra International Services, LLC, this phase of the development will consist of 384 multi-family dwelling units, approximately 50,000 square feet of grocery and retail, and approximately 853 parking spaces in a structured garage. The 2.575-acre subject property is owned by Miami-Dade County and leased to Terra for developmental purposes, representing a fraction of the overall planned 43-acre Upland Park transit-oriented mixed-use community where the developer is spending $1 billion to build nearly 2,000 residential units, 200,000 square feet of retail, a 12-story hotel, a 16- story office building, medical facilities and a school.
Permits have been filed for demolition work and tree removal at 6001 Northeast 2nd Avenue, a lengthy 6.11-acre stretch of land located within the confines of the Magic City Innovation District emerging at the borders between Little River and Little Haiti in Miami. The site is located specifically located between Northeast 2nd and 4th Avenues with Northeast 60th Street directly to the south and Northeast 61st Street is the northern most thoroughfare. Plaza Equity Partners is listed as the owner of both permit applications, who is developing the mixed-use community along with investment firms Lune Rouge and Dragon Global. Plans for this particular site include an approved multifaceted 25-story residential tower, currently dubbed Parcel 11, designed by Arquitectonica which includes 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.
Mast Capital has unveiled the interiors of Cipriani Residences Miami, the brand’s first ground-up residences in the United States. Designed by the internationally renowned firm 1508 London in collaboration with the Cipriani family, the tower captures the spirit of the brand – recognized for its distinguished style, world-class service and four generations of history and tradition – and features a design language consistent with Cipriani’s understated elegance reminiscent of yacht design. The vision for Cipriani Residences Miami will reinvent luxury in the Brickell neighborhood, known for its high-rise buildings, walkability and enviable water and city views, and epitomize the sophisticated lifestyle that residents will enjoy at the development.
At the end of July, Miami’s City Commission voted 4 – 1 in favor of Miami Riverbridge, a three-towered, large-scale mixed-use mega project proposed as the redevelopment of a 4.2-acre city-owned site at 400 Southeast 2nd Avenue in the heart of Downtown Miami, where the Hyatt Regency Miami and James L. Knight Convention Center stand today. Estimated to cost approximately $1.5 billion, the project calls for three new towers, two of 61 stories and one 95-story supertall, which would contain over 1,500 residential units, a new flagship 615-key Hyatt Regency hotel and 264 branded serviced apartments, 190,000 square feet of Class A meeting and events space, commercial and retail spaces, over 1,000 parking spaces and 50,000 square feet of open public space including a 480-foot-long rejuvenated riverwalk. Miami Riverbridge is being developed between Hyatt Hotels Corp. and Gencom under the HRM Owner LLC, and is being designed by Arquitectonica. The project’s fate is now in the hands of city voters at the next referendum on November 8.
