Miami

Developers Break Ground On The Wynwood Plaza At 95 NW 29th Street In Wynwood, Miami

L&L Holding Company, Oak Row Equities, project partner Shorenstein Properties, and co-investor Claure Group have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 Northwest 29th Street in Miami’s famed Wynwood Arts District. This milestone came after securing $215 million in construction financing from Bank OZK for this dynamic project, designed by the renowned architecture firm Gensler.

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Foundation Permit Plan Approved For Pair Of 43-Story Mixed-Use Towers In Downtown Miami

Miami’s Building Department has approved a foundation permit for 222 (Namdar Towers), a 1.3-million-square-foot mixed-use development comprising two 43-story towers at 222 Northeast 1st Avenue in Downtown Miami. Designed by Behar Font & Partners with De Los Reyes Engineering, Inc. as the structural engineer and developed by Great Neck, New York-based Namdar Group, the development is planned to yield 1,394 residential units, 7,984 square feet of ground floor commercial space, 336 vehicles parking spaces, and racks for 1,394 bicycles. Witkin Hults + Partners is the landscape architect, TWR Engineers is the MEP engineer, and Grāef is the civil engineer.

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$43.2 Million Refinancing Loan Secured For Residential Development At 2835 Tigertail Avenue In Coconut Grove, Miami

Miami-based Terra and AB Asset Management have secured a $43.2 million refinancing loan for Residences in the Grove, a 148-unit residential building planned at 2835 Tigertail Avenue in the heart of Miami’s Coconut Grove neighborhood. The financing provided by the City National Bank of Florida and KS Finance Corporation will fund preliminary demolition and site work in preparation for the project’s groundbreaking. Construction of Residences in the Grove is estimated to get underway later this year, with completion slated for 2025.

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Developers Sign Utility Agreement For Upcoming Supertall One Brickell City Centre

The developers of One Brickell City Centre have signed a utility agreement to connect the upcoming supertall office tower at 700 Brickell Avenue to Miami-Dade County’s water and sewer system. The agreement, dated February 22, lists 700 Brickell City Centre LLC and Brickell City Centre Project LLC as the developing entities, with Kieran Bowers of Swire Properties signing on behalf of both entities. Hudson Yards developer Related Companies, led by Stephen Ross, is also a partner in the project. Miami-based Arquitectonica designed the project.

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