Downtown Miami

FAA Approves Namdar Group’s Planned 450-Foot-Tall Mixed-Use Towers At 222 NE 1st Avenue in Downtown Miami

The Federal Aviation Administration has approved two 43-story towers in Downtown Miami.  The project in question is 222, also known as Namdar Towers, an approximate 1.3 million-square-foot mixed-use development planned for a 1.26-acre assemblage at 222 Northeast 1st Avenue. Designed by Behar Font & Partners with De Los Reyes Engineering, Inc. as the structural engineer and developed by Namdar Group, plans for the project call for 1,394 residential units, 7,984 square feet of ground floor commercial space,  336 vehicles parking spaces, and racks for 1,394 bicycles. Witkin Hults + Partners is the landscape architect, TWR Engineers is the MEP engineer, and Grāef is the civil engineer.

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Related And Merrimac Break Ground On The Crosby At Miami Worldcenter

Related Group and Merrimac Ventures have officially broken ground on the Crosby Residences at Miami Worldcenter. Located at 601 North Miami Avenue, in the heart of Downtown Miami, the 33-story residential tower will offer 450 fully furnished, ready-to-rent homes purposely designed, constructed, and licensed to allow for seamless listing on all leading home share platforms (subject to applicable laws and restrictions). Designed by architects at Cohen Freedman Encinosa and interiors by AVRO|KO, The Crosby is scheduled to complete construction in the first quarter of 2025; Beauchamp Construction is the general contractor.

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Developers Secure $34 Million From Bank OZK To Begin Construction On 66-Story One River Point In Downtown Miami

One River Point Partners, LLC, a joint venture partnership between New York’s KAR Properties and Miami’s Fortune International Group, has secured a $34 million loan to initiate the first phase of construction on One River Point, a twin-towered 66-story residential development planned for 24 Southwest 4th Street in Downtown Miami. Designed by the star architect Rafael Viñoly of Rafael Viñoly Architects, the pair of connected towers will contain a combined 368 condominium units, and sit immediately north of the Miami River. The property will enjoy a desirable location in the city’s epicenter being just minutes away from luxury retail shopping and entertainment areas as well as the major transportation hubs, the Port of Miami, Miami International Airport, and cultural landmarks such as the Adrienne Arsht Center and Perez Art Museum.

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Lynd Living Applies For 698-Foot-Tall Building At Miami Worldcenter

Texas-based real estate developer Lynd Living has applied for building permits to construct a 698-foot-tall building at Miami Worldcenter. The Federal Aviation Administration received applications on September 8 for the 0.47-acre site at 941 North Miami Avenue, which the developer recently acquired for $30 million. The structure would top off at 709 feet above sea level when factoring in the site’s elevation and could yield up to 1.2 million square feet including 650 residential units.

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Lynd Living Acquires One Of The Last Remaining Development Sites At Miami Worldcenter

One of the last remaining vacant development sites in the 27-acre Miami Worldcenter master-planned district, a 20,600-square-foot assemblage at the southeast corner of North Miami Avenue and Northeast 10th Street, traded hands for $30 million. The previous owner, IRR Parkwest Investments LLC – headed by Marc Roberts, sold the 0.47-acre site to 925 N Miami LLC, an affiliate of San Antonio, TX-based Lynd Living (Lynd). A $22.75 million land acquisition loan was arranged by Concord Summit Capital, LLC for the property, alternatively referred as Block 23, which occupies the northeast frontage of North Miami Avenue between Northeast 9th and 10th Streets

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