Pinnacle 441, a mixed-use venture offering affordable housing options, is scheduled to break ground in April 2022. The $35 million project will offer 113 residential units. There are 14 one-bedroom/one-bathroom units, 64 two-bedroom/two-bathroom units, and 35 three-bedroom/two-bathroom units.
Miami is one of South Florida’s most coveted places to live. To meet the demand for housing, Adler Group, Inc. and Mill Creek Residential have a new venture underway: Modera Riverside.
The Federal Aviation Administration has approved a 1,049-foot supertall skyscraper proposed for 1428 Brickell Avenue in Brickell, Miami. Approved as of January 14, 2022, the developer behind the application is Miami-based real estate developer Ytech who was represented by Benjamin Doyle of Capitol Airspace Group. The property is elevated 9-feet above sea level, which would give rise to a 1,040-foot-tall structure, for a maximum cumulative height of 1,049-feet. The interior lot occupies approximately 20% of the city block, spanning 49,983 square feet with frontage along Brickell Avenue. The city block is bound by Southwest 14th Street on the north, Southeast 15th Street on the south and South Miami Avenue on the west.
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.
Aletto Square is unfolding in Palm Beach County, FL. The multi-million-dollar venture will include two high-rise buildings offering residential, office, and commercial space. It’s owned by Compson Associates, Inc. which is based in Boynton Beach.
