Fifield Companies broke ground on Avida Aventura in early 2022. The developer acquired the 4.06-acre build site for $12 million in April 2021. The eight-story building will offer 266 residential units, ranging from studios to three-bedroom options. They range from 470 square feet to 1,400 square feet each. Many models come with balconies. Previously, the project was called “Aventura Crossing.”
New details have emerged for a 54-story transit-oriented mixed-use tower planned to ascend on the southeast corner of SW 1st Avenue and SW 8th Street in Brickell, Miami. Gazit Horizons (Gazit), the North American subsidiary of Israel-based real estate developer Gazit Globe Group, along with Atlantic Pacific Communities have filed plans for Brickell Gateway, a 643-foot-tall building proposed for 90 Southwest 8th Street, which is across the street from Brickell City Centre and adjacent to Solitair Brickell Apartments. Although we don’t have official renderings just yet, we know the project is being designed by Coral Gables-based Corwil Architects with Kimley-Horn as the civil engineer. The building is proposed to yield 504 multifamily residential units, 16,882 square feet of retail space and parking space for up to 245 vehicles.
Total demolition permits have been issued for an unfinished concrete parking structure at 530 Northwest 1st Court in the Overtown District of Downtown Miami. The 5-story structure has stood on the property since around 2008 and was supposed to support a 29-story office building once known as Logik Tower, which was cancelled due to financial constraints and the recession that proceeded. The interior lot spans 22,500 square feet and is bound by NW 1st Court. on the East, NW 6th Street on the North, and two vacant lots on the West addressed as 525 and 533 NW 2nd Avenue. The permit was approved on February 11, 2022 and marked active by the 14th with The BG Group LLC listed as the general contractor at the cost of $153,930.
Mast Capital has officially filed plans with Miami’s Urban Development Review Board for 1420 South Miami Avenue, a three-towered mixed-use development proposed to be constructed at the former site of Capital at Brickell. The property is bound by South Miami Avenue on the East, Southwest 14th Terrace on the South, Southwest 1st Avenue on the West, and Southwest 14th Street on the North, across the street from SLS Brickell, Infinity at Brickell and One Broadway. The development is comprised of 2,727,765 square feet of new construction including 1,255 residential units, 18,969 square feet of commercial space and 1,646 parking spaces. The three towers will rise approximately 604-feet, 691-feet, and 939-feet across 50, 59, and 80 stories. Arquitectonica is listed as the design architect with ArquitectonicaGEO as the landscape architect.
In recent years, Miami has seen a dramatic shift towards the development of buildings that offer flexibility via short term rentals. Owners of these types of property are allowed to rent out their units free…
