Nearly three years after purchasing a 1.86-acre parcel, developers have started construction on Avalon South Miami. The developer secured the build site for $18.95 million and demolished a 20,000-square-foot Winn-Dixie grocery store before breaking ground. 5850 S.W. 73 Street LLC was the seller.
Edgewood 22, a high-rise residential development, could replace a Midas auto parts store that was built just four years ago. Edgewood 22 LLC, managed by New York-based Nahman Lichtenstein, purchased the .51-acre build site for $6.3 million in 2022. Initially, according to the Real Deal, plans called for 120 apartments in an 18-story building.
Developers are working on the Gale Hotel & Residences. The venture, occupying seven of the 51 floors, will offer 240 luxury condos: 160 for short-term rentals and the remaining 80 as hotel/apartment units.
LCOR, a leading real estate development and investment firm, has revealed the first details of its newest full-service rental development, located at 1775 Biscayne Boulevard in Edgewater, Miami. Designed by ODP Architecture & Design with KAS designing interiors, the development will create 544 new premium rental residences, 50,000 square feet of amenity space, a 628-space onsite parking garage, and over 10,000 square feet of ground-floor retail. The proposed 42-story development, dubbed 1775 Biscayne, was recently submitted to the Miami Urban Development Review Board (UDRB).
Miami Beach is known for its exclusive resorts and high-end shopping centers. Yet, a workforce housing developer has plans for a four-story apartment complex for the Magic City. The proposed Morris Residences, named for architect Morris Lapidus, would comprise just over 28,000 square feet of new construction.
