Gensler

Hines Acquires Life Time Living-Branded 495-Unit Gables Station Residential Complex In Coral Gables

8:00 am on September 5, 2022 By Oscar Nunez

Hines Global Income Trust (HGIT), an investment arm of global real estate firm Hines, acquired Gables Station, a 14-story multi-family complex designed by Gensler and located at 225 South Dixie Highway in Coral Gables, for $430 million. The development, which completed construction last year, features 495 Life Time Living® residences. This acquisition is the second largest single-asset multifamily sale in South Florida, reaffirming HGIT’s and Hines’ bullish stance on the future of the market. Since the pandemic, Hines has committed approximately $1.8 billion across three prime developments and acquisitions in South Florida. Willowick Residential, Hines’ boutique multifamily property management firm, will assume the role as property manager for the asset.

citizenM Miami World Center To Open Summer 2022 at 700 Northeast 2nd Avenue, Miami, Florida, 33132

7:00 am on April 7, 2022 By Colt Dodd

citizenM Miami World Center is scheduled to open in Summer 2022, after beginning construction in November 2019. The luxury hotel will comprise 351 rooms, requiring 127,000 square feet of new construction. Some rooms come with wall-to-wall beds, as the micro-sized rooms start at 151 square feet each.

L&L Holding & Carpe Real Estate Announce 1-Million-Square-Foot Project Following The Acquisition Of A 3-Acre Development Assemblage In Wynwood

8:00 am on January 5, 2022 By Oscar Nunez

L&L Holding Company (L&L) and Carpe Real Estate Partners (CREP) have announced that they have successfully completed the acquisition of a 3-acre assemblage for the creation of The Wynwood Plaza, a one-million square-foot multi-building mixed-use development that will bring new office, residential, retail and outdoor space to Miami’s booming Wynwood Arts District. Formerly known as 29N, the project is designed by world-renowned architecture firm Gensler and will become a major attraction and destination for Wynwood. Plans for projected to yield 260,000 square feet of office space, 509 residential units, array of indoor and outdoor dining and shopping options, a beautifully landscaped 25,000 square-foot outdoor public plaza and a parking garage with 668 car spaces and 954 bike spaces

Life Time Coral Gables. Designed by Gensler.

1.2-Million-Square-Foot ‘Life Time Coral Cables’ Mixed-Use Development Reaches Completion And Opens To The Public

8:00 am on August 13, 2021 By Oscar Nunez

Minnesota-based Developer Nolan Reynolds International (NRI) and health club chain Life Time Fitness have reached completion on Life Time Coral Gables, a 1.2-million-square-foot mixed-use project at 237 South Dixie Highway and 225 South Dixie Highway in Coral Gables, Florida. Designed by Gensler, the $500 million development rises 14-stories and sits parallel to train tracks leading up to the nearby Douglas Road Metrorail Station, yielding 495 high-end luxury apartments, an 80,000-square-foot athletic resort, 25,000 square feet of co-working office space and 105,000 square feet of ground floor retail.

Renderings Revealed For Massive Mixed-Use Development Titled 29N At 95 Northwest 29th Street In Wynwood, Miami

8:00 am on July 4, 2021 By Oscar Nunez

The Wynwood Design Review Committee has received applications seeking approvals for 29N, a 964,963-square-foot mixed-use development in the Wynwood Arts District on a 2.9-acre site. Developed by New York City-based developers L&L Holding Company and Carpe Real Estate Partners, the building will be comprised of two interconnected structures of 8 and 12 stories spanning two transect zones addressed as 95 Northwest 29th Street. Gensler is responsible for the design of the project, which will yield 523 residential units, 26,372 square feet of commercial space, 200,618 square feet of office space and 668 parking spaces.

Riverfront Jacksonville. Designed by Gensler.

Southeast Development Group Announces Plans For $1.1 Billion Riverfront Jacksonville Mega Project

8:00 am on June 3, 2021 By Oscar Nunez

The Northbank River Walk along St. John’s River in Downtown Jacksonville is on the cusp of undergoing one of the greatest transformations the city has ever seen. Southeast Development Group has unveiled the master plan for their upcoming mixed-use mega project which calls for the redevelopment of 25-acres of city-owned land, adding 2.3 million square feet of new real estate assets within the Central Business District, with an estimated price tag of $1.1 billion.

Exterior Work Nears Completion On CitizenM Hotel In Brickell, Miami

8:00 am on May 8, 2021 By Oscar Nunez

Exterior work is nearing completion on the newly constructed CitizenM Brickell, 277-foot tall hotel in Miami’s Brickell neighborhood. Addressed as 955 South Miami Avenue, the building is designed by Gensler and developed by CitizenM Hotels, a hospitality brand founded by hotelier Rattan Chadha. The 21-story hotel will include 252 lodging units, mostly micro-sized rooms starting at 157 square feet, and up to 4,174 square feet of commercial space at the ground floor.

Water Street Tampa. Courtesy of Strategic Property Partners.

A Breakdown Of Phase 1 At Water Street Tampa: Cutting-Edge Office Space

7:30 am on April 20, 2021 By Oscar Nunez

Yesterday, YIMBY commenced coverage on a sprawling new mixed-use development known as Water Street Tampa. Strategic Property Partners, the developer behind the mega project, is reinvigorating the underutilized southern sections of Downtown Tampa with a $3.5 billion privately-funded master plan to create 9 million square feet of new commercial, residential, hospitality, entertainment, cultural, retail and educational spaces. Some of the best design firms in the world have been united to bring this community to life, and with the construction of Phase 1 well underway, the vision for the district is starting to become a reality. Today, we will take a deeper dive into the office component, revealing the new refreshing work spaces that Water Street Tampa to offer.

Miami Worldcenter Masterplan, courtesy of Elkus Manfredi.

A Deeper Dive Into The Towers At The Miami Worldcenter Development

8:00 am on April 10, 2021 By Oscar Nunez

The City of Miami is no stranger to mega-projects having a few of its own, and one of them is underway sitting just north of Downtown’s Central Business District. It’s called Miami Worldcenter, a massive…

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