Commercial

Witkoff Group Initiates Pre-Application For 700 North Miami Avenue At Miami Worldcenter

8:00 am on January 13, 2022 By Oscar Nunez

A pre-application has been initiated for an administrative site plan review with the Miami-Dade County Department of Regulatory and Economic Resources for 700 North Miami Avenue, the site of the cancelled Marriot Marquis Miami Worldcenter and the former location of the Miami Arena (demolished in 2008). The application lists WG 700 North Miami LLC, an entity owned and managed by New York City-based Witkoff Group, as the owner of the application, and reveals Miami-based Kobi Karp Architects is leading the design for the project. Plans for the 4.7-acre site consists of three 57-story mixed-use buildings with up to 2,195 residential units, 540,000 square feet of office space, and 49,999 square feet of retail space. Witkoff, along with Chicago-based Monroe Capital, acquired the property for $94 million from MDM Group in July of last year.

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Society Orlando’s Concrete Superstructure Continues Vertical Ascent In Downtown Orlando

8:00 am on January 7, 2022 By Oscar Nunez

Construction continues to rise on Society Orlando, a 330-foot-tall, 26-story mixed-use development at 434 North Orange Avenue in Downtown Orlando. Designed by Orlando-based Baker Barrios and being developed by Miami and New York City-based Property Markets Group (PMG) alongside investment partner Raven Capital Management (Raven), the project consists of a pair of towers that will yield a combined 707 residential units under PMG’s Society Living brand with approximately 36,000 square feet of ground floor commercial space. The first phase of the development is making rapid vertical progress with John Moriarty & Associates as the general contractor.

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L&L Holding & Carpe Real Estate Announce 1-Million-Square-Foot Project Following The Acquisition Of A 3-Acre Development Assemblage In Wynwood

8:00 am on January 5, 2022 By Oscar Nunez

L&L Holding Company (L&L) and Carpe Real Estate Partners (CREP) have announced that they have successfully completed the acquisition of a 3-acre assemblage for the creation of The Wynwood Plaza, a one-million square-foot multi-building mixed-use development that will bring new office, residential, retail and outdoor space to Miami’s booming Wynwood Arts District. Formerly known as 29N, the project is designed by world-renowned architecture firm Gensler and will become a major attraction and destination for Wynwood. Plans for projected to yield 260,000 square feet of office space, 509 residential units, array of indoor and outdoor dining and shopping options, a beautifully landscaped 25,000 square-foot outdoor public plaza and a parking garage with 668 car spaces and 954 bike spaces

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