Miami

Developers Sign Utilities Deal For Ultra-Luxury 55-Story High Rise 710 Edge In Edgewater, Miami

A utilities deal for water and sewer connections has been signed with the City of Miami for 710 Edge, a 55-story ultra-luxury residential high rise planned for 710 Northeast 29th Street in Edgewater, Miami. Designed by ODP Architecture & Design and developed by 710 Edge LLC – a joint venture partnership between One Thousand Museum developers Kevin Venger, Louis Birdman, Michael Konig, and real estate developer Alex Posth, the newly signed deal includes connections for 100 residential units and 31,418 square feet of retail. The developers executed the deal on August 28, 2022.

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Winston & Strawn, Baker McKenzie Sign Leases At OKO Group And Cain International’s 55-Story 830 Brickell Office Tower

830 Brickell, Miami’s newest Class A+ office tower, continues to attract best-in-class international law firms looking to bolster their presence in South Florida. Chicago-based Winston & Strawn LLP and Baker McKenzie have both joined the roster of firms signing leases at the 55-story office tower, which will become Miami’s first Class A+ office tower to deliver in more than a decade. Winston & Strawn will open its first Miami office within 35,000 square feet at the tower, marking the firm’s largest expansion in five years. Baker McKenzie signed an 18,000 square-foot lease.

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Miami Voters Approve Land Lease Extension For Riverside Wharf In The Miami River District

Last week, Miami voters overwhelmingly approved an amendment to extend the lease of city land for use in the future development of Riverside Wharf, a $185 million hospitality-driven entertainment complex planned for 114 Southwest North River Drive that promises to usher in a new era for the Miami River District. With approximately 60% of the vote in favor of the amendment, the victory marks another step forward in developing the project. Developed by MV Real Estate Holdings in conjunction with Driftwood Capital and Merrimac Ventures, the the 10-story, 200,000-square-foot project will be the defining development for Miami’s Downtown core as a city-within-a-city all-encompassing destination for unparalleled entertainment, exceptional dining and world renowned hotel accommodations. It will encompass a world-class 30,000-square-foot nightclub and rooftop dayclub, a high-energy 12,000-square-foot event hall and mezzanine, as well as the rebirth and expansion of The Wharf Miami, with 16,000 square feet of signature restaurants and a private marina capable of accommodating megayachts. Planning to break ground in the second quarter of 2023, it will also feature a 165-key Dream Miami luxury hotel.

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Namdar Group Issued $195 Million Loan For Two Apartment Towers In Downtown Miami

Great Neck, NY-based real estate investment and development firm Namdar Group has secured $195 million in acquisition and construction funding for Namdar Towers, two residential buildings of 41- and 43-stories planned for 222 Northeast 1st Avenue in Downtown Miami. The loan came from an affiliate of New York’s Slate Property Group – SCALE Lending – brokered by associates of Greystone Capital Advisors. Plans for the residential project include 1.2 million square feet of space with 1,354 residential units between both towers.

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Twin 485-Foot-Tall Towers At 1900 Biscayne Boulevard Approved By The FAA

The Federal Aviation Administration (FAA) has issued building permits for twin 485-foot-tall residential towers at 1900 Biscayne Boulevard in Edgewater, Miami. The developer behind the efforts is Kushner Companies, who’s developing both of these towers along with a third tower at 2000 Biscayne Boulevard, collectively known as the Edgewater Collective. The FAA approved building permits yesterday, and will be valid for the next 18 months. Plans for the Edgewater Collective include 1,265 residential units and 24,000 square feet of retail space across three towers.

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