Kobi Karp Architecture & Interior Design

Concord Summit Capital Closes $12 Million Loan For Downtown Miami Development Site, Paving Way For 52-Story Tower With 545 Multifamily Units

8:00 am on June 11, 2023 By Oscar Nunez

Concord Summit Capital, LLC (“Concord Summit”) has arranged a $12 million bridge loan for an infill property in Downtown Miami. Managing Director Justin Neelis and Associate Keegan Burger of Concord Summit’s Miami office sourced and advised the loan. The bridge loan is intended to refinance the existing mortgage and provide predevelopment funds for the sponsor, Bluetrich Holdings, Inc (BHI). BHI plans to utilize these funds to realize its vision for the property, a 0.55-acre parking lot acquired in 2021 for $18 million. The site at 130 Southeast 1st Street benefits from the highest density zoning allowed, presenting a significant development opportunity.

Foundation Permit Filed For Twin 42-Story Towers At 1900 Biscayne Boulevard, The Edgewater Collective

8:00 am on June 9, 2023 By Oscar Nunez

A foundation permit application has been filed for 1900 Biscayne Boulevard, twin 42-story high rises planned for Kushner Companies and PTM Partners’ Edgewater Collective three-towered mixed-use complex named the Edgewater Collective in the Arts & Entertainment District, previously known as Omni, near Edgewater, Miami. Designed by Kobi Karp Architects, the 461-foot-tall structures will collectively yield approximately 1,401,267 square feet of space, including 872 multifamily units and ground-floor retail. Balfour Beatty Construction is the general contractor.

Witkoff Group Signs Utility Deal For 700 N. Miami Avenue Site At Miami Worldcenter

8:00 am on May 19, 2023 By Oscar Nunez

Witkoff Group, the New York-based development powerhouse, is making steady strides toward transforming the former site of the Miami Arena. This prime real estate, nestled within the heart of the vibrant Miami Worldcenter, is preparing to welcome three towers spanning as many as 57 floors, marking a testament to the city’s evolving architectural landscape.

Developer Proposes 322 Residences at 4100 N. Hills Dr., Hollywood, Florida, 33021

7:00 am on May 16, 2023 By Colt Dodd

PPG Development hopes to rezone part of The Club at Emerald Hills and transform 36.8 acres into a residential complex. In 2020, the developer initially proposed 486 units. However, recent plans call for 322 residences, including 252 condos, 40 townhomes, and 30 villas.

Six Fisher Island to Offer 50 Luxury Residences at 6 Fisher Island Drive, Miami Beach, Florida

7:00 am on May 1, 2023 By Colt Dodd

Six Fisher Island is a luxury 11-story building aiming for a 2025 delivery. Designed by Kobi Karp, the high-rise venture will comprise 50 residences, ranging from three-bedroom to five-bedroom layout plans.

EDEN Multifamily And The Dermot Company Unveil Plans For 46-Story Rental Tower In Downtown Miami

8:00 am on April 13, 2023 By Oscar Nunez

Developers EDEN Multifamily and The Dermot Company have unveiled plans for a residential rental tower in downtown Miami’s Park West District 11. This 46-story, 430-unit high-rise, designed by the renowned Kobi Karp Architects, will be the first collaboration between Miami-based EDEN and New York-based Dermot. Miami’s Urban Development Review Board is expected to review plans on April 19, 2023, and the project is scheduled to break ground in 2024.

Vida Residences to Measure Nine Stories at 410 NE 35th Terrace, Miami, Florida

7:00 am on April 12, 2023 By Colt Dodd

Vida Residences is slated for a 2024 opening in Miami, Florida. The nine-story community will comprise 121 upscale residences, ranging from studios to four-bedroom homes.

Collins Park Miami at 2000 Park Avenue, Miami Beach, Florida, Slated for 2024 Opening

7:00 am on April 10, 2023 By Colt Dodd

The COVID-19 pandemic has increased demand for hotel rooms in South Florida, with close to 5,000 new rooms opening by 2026. One of the planned hotels is Collins Park Miami, a multi-building venture that will comprise 172,000 square feet.

FAA Approves Height For Planned Towers At 700 North Miami Avenue In Miami Worldcenter

8:00 am on March 26, 2023 By Oscar Nunez

The Federal Aviation Administration (FAA) has given the green light for a significant mixed-use development project at 700 North Miami Avenue at Miami Worldcenter, the former site of the Miami Arena, and canceled Marriott Marquis Miami Worldcenter Hotel & Expo Center. Designed by Kobi Karp Architects with Kimley-Horn as the traffic engineer and developed by an affiliate of New York-based Witkoff Group and Chicago-based Monroe Capital, the development is planned to yield nearly 3.4 million square feet of space across three towers spanning as many as 57 stories.

Mixed-Use Venture to Replace Restaurant and Hotel at 1819 79th Street, North Bay Village, Florida, 33138

7:00 am on January 18, 2023 By Colt Dodd

A restaurant and hotel will soon make way for a mixed-use venture in North Bay Village, Florida. The 2.31-acre build site will host a 30-story tower with 345 apartments. Out of that number, about 5.2 percent of all units (roughly 18) will be set aside as workforce housing.

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