Live Local Act

454-Unit, 28-Story Tower Proposed Under Live Local Act in Little Haiti, Miami

Developers 8038 and 165 Owner LLC, an affiliate of New York- and Miami-based Infinity Collective, and Miami-based MVW Partners, have proposed a residential development in Miami’s Little Haiti neighborhood under the state’s Live Local Act. The city’s Urban Development Review Board is currently reviewing the application for the 2.17-acre site at 165 Northeast 80th Terrace and 8038 Northeast Second Ave. The developers secured the property, formerly an AT&T telecommunications facility, for $13.36 million in 2022. The project is designed by the Miami-based architect firm Arquitectonica.

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$76.81 Million Loan Secured for ‘SoWy’ Mixed-Use Development in Wynwood and Overtown

More Development, an international real estate company based in Miami and Nassau, The Bahamas, has secured a $76.81 million loan for SoWy, an upcoming mixed-use development in Wynwood and Overtown, north of Downtown Miami. The loan was announced by More Development President Whitney Thier and provided by JP Morgan Chase. The nearly eight-acre SoWy project spans 26 parcels across six blocks along 2nd Avenue between NW 20th and 22nd Street. Before considering Live Local Act provisions, the site offers nearly 2.5 million base buildable square feet.

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Revised Plans for Oceanfront Redevelopment in Hollywood Adds More Residential Units Under Florida’s Live Local Act

Condra Property Group has updated its redevelopment plans for a group of oceanfront hotels, adding more residential units under Florida’s Live Local Act. The New York-based developer, led by Allen Konstam, will present the revised application to Hollywood’s Technical Advisory Committee on July 1. The project concerns 3.33 acres at 2007 and 2115 N. Ocean Drive; 309, 333, and 341 Oklahoma St.; 320 and 324 McKinley St.; 320, 322, 324, and 326 Nebraska St.; and 2012 N. Surf Road. The property, located along the city’s famed Broadwalk, currently comprises 123 hotel rooms in mostly two-story buildings, including the Neptune Hollywood Beach Hotel, Hollywood Beach Seaside, and Casa Pellegrino Boutique Hotel. The developer has the properties under contract from various owners.

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Plans Unveiled For 28-Story Mixed-Use Development ‘Shoma 88’ In Kendall

Miami-based developer Shoma Group has announced plans for Shoma 88, a mixed-use development in Kendall. Designed by PPK Architects, this 28-story project will feature 405 rental units, each offering approximately 920 square feet of space. In alignment with Florida’s Live Local Act, at least 40 percent of the units will be designated for workforce housing. Groundbreaking is slated for the first quarter of 2025, and its estimated completion date is within 30 months. 

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