Total demolition permits have been filed for 501 Northeast 1st Avenue in the Central Business District of Downtown Miami. Aria Development Group, who purchased the property in 2015 for $8.25 million, is planning to improve…
Society Wynwood, a 10-story mixed-use development proposed for 2431 Northwest 2nd Avenue, is taking a major step forward in the Wynwood Arts District. Developers Property Markets Group (PMG) and Greybrook Realty Partners have landed a financing deal of $142.3 million for vertical construction of the 318-unit project, which broke ground earlier this year. The financing will be provided by Pacific Western Bank and Square Mile Capital, marking the third Society-branded project for South Florida. MKDA is listed as the architect with Moriarty Construction as the general contractor.
Designs are being reviewed by Pompano Beach’s Development Review Committee for an 8-story mixed-use building proposed for 400 East Atlantic Avenue. Rising approximately 80-feet, the building is designed by renown architect Arquitectonica and developed by Atlantic Estate LLC. The property was purchased by the developer for $3.3 million in November of 2020, which sits just north of a narrow water canal and is about 2.4 miles west of Pompano Beach Pier. Plans call for a 334,442-square-foot structure yielding 204 residential units, 2,723 square feet of retail, 2,486 square feet of amenities and a garage of 260 parking spaces.
An application has been submitted to Miami-Dade’s Department of Regulatory and Economic Resources requesting approvals for the redevelopment of Parcel A at Treo Somi Station, which involves the construction of a 13-story mixed-use building at the northeastern corner of Southwest 59th Place and Southwest 72nd Street in the City of South Miami. Designed by Modis Architects and developed by TSS Phase II LLC via a land lease with Miami-Dade County, the structure is projected to yield 163 dwelling units dedicated to student housing and 13,384 square feet of ground floor retail. The property is also located along US-1/South Dixie Highway and adjacent to the South Miami Metrorail Station.
A Tru by Hilton hotel is coming soon to Miramar, FL. In a 2019 report by the South Florida Business Journal, the 97-room hotel will rest on 1.9 acres of land.
