District 225

Developers Secure $76 Million In Construction Funding For 37-Story District 225 In Downtown Miami

Related Group, along with ROVR Development and BH Group, have landed a hefty $76 million loan to begin construction on District 225, a 37-story Airbnb-branded condominium development planned for a 15,000-square-foot site at 225 North Miami Avenue in Downtown Miami. Construction funding came from New York-based lender Madison Realty Capital to build the 394-foot-tall tower, which was approved by city planners in April 2021. The project is designed by Sieger Suarez Architects with interiors by the Meshberg Group, and will include 343 fully-finished and furnished units Рall of which are sold out. The construction of District 225 will be managed by Craft Construction Company LLC. according to pending permits, and is projected to completed in 2024.

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