Related And Merrimac Secure $94.2 Million To Construct The Crosby At Miami Worldcenter

The Related Group and Merrimac Ventures have successfully secured a substantial $94.2 million in funding for the vertical construction of The Crosby, which is poised to add more density to the ongoing developments at Miami Worldcenter. The residential tower is set to ascend 33 stories high and is expected to top off at around 377 feet above ground, or 390 feet above sea level, according to building permits filed with the FAA in January. The Arkansas-based Bank OZK provided the loan to DT G Block LLC, a joint venture entity affiliated with the developers. Cohen Freedman Encinosa & Associates and AVRO|KO is in charge of the architectural design and interiors of the project, respectively. The Crosby, which broke ground earlier this year, is slated to offer 450 fully furnished, ready-to-rent residences and 3,370 square feet of retail space on the ground floor.

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Plans For Ora By Casa Tua To Go Before Miami’s Urban Development Review Board On May 17

Ora by Casa Tua, a 76-story mixed-use skyscraper planned for 1210 Brickell Avenue in the heart of Miami’s bustling Brickell financial district, is set to go before Miami’s Urban Development Review Board on May 17. Designed by Arquitectonica with interiors by m2atelier and developed by Fortune International Group, the tower is set to rise 930 feet, replacing an existing 7-story parking garage. The project would yield roughly 1.3 million square feet, including 540 residential units, 53,841 square feet of office space, 24,260 square feet of commercial space, 955 car parking spaces, and 1,980 bike parking spaces, all on the 1.06-acre site.

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Habitat Group Files Plans For Smart Brickell Luxe At 267 SW 9th Street In West Brickell

Plans have been filed for Smart Brickell Luxe, a 23-story mixed-use development proposed for 267 Southwest 9th Street in Brickell. Designed by Ginard Studio with All Landscape Data Inc. as the landscape architect and AB Engineers Inc. as the civil engineer and developed by Habitat Group, the approximately 308-foot tall structure would comprise 192,808 square feet of space. The project includes 74 lodging units, 53 residential and condo-hotel units, 5,408 square feet of commercial space, 75 parking spaces, including 15 for electric vehicles, and 72 bicycle racks. Miami’s Urban Development Review Board is scheduled to review plans for the project on May 17.

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