Construction could soon start on NeoCity, a revolutionary partnership between Osceola County and South Korean company, LG. The mixed-use venture would offer various amenities in phases, ranging from state-of-the-art “smart” amenities to residential units.
National investment and development firm Property Markets Group and Toronto-based real estate private equity firm Greybrook have changed the programming for a newly completed 49-story project once known as Society Biscayne on the southwest corner of Biscayne Boulevard and Northeast 5th Street. The developers rebranded and launched the 571-foot-tall tower as The Elser Hotel & Residences and the property is now addressed as 398 Northeast 5th Street. The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space. PMG Residential is the exclusive sales team for the property, with residences priced from the $600,000’s or the equivalent cryptocurrency exchange rate.
Quail Roost Transit Village is unfolding in Cutler Bay, Florida. Upon completion, the multi-million-dollar venture will eventually offer 500 homes––140 of will be affordable housing units, per Cash Flow in Miami Realty. The publication reports that Quail Roost Transit Village is a five-phase project.
Aventura Park is unfolding in Miami-Dade County, Florida. The eight-story building will comprise more than 236,000 square feet of new construction, offering 290 apartments. The South Florida Business Journal reports that the development will also have 1,450 square feet of retail space and 435 parking spots.
Apopka Business Center is taking shape in Central Florida. The 710,073-square-foot venture will comprise three buildings, resting on a 79-acre site. GrowthSpotter reports that the smallest building will measure 120,192 square feet. The two other buildings will measure 443,106 square feet and 146,775 square feet.
