LNDMRK Development

Developers Secure FAA Approval For 390-Foot-Tall Structure At 401 NE 29th Street In Edgewater, Miami

The Federal Aviation Administration (FAA) has granted approval for 2900 Terrace, a 38-story mixed-use development planned at 401 Northeast 29th Street in the Edgewater neighborhood of Miami. These permits, approved on January 2 and set to expire on July 2, 2025, mark a significant step forward for the project. Designed by Arquitectonica and developed by LNDMRK Development and Oak Row Equities, the building can reach 390 feet above ground level or 399 feet above mean sea level. An aeronautical study by the FAA confirmed that the structure adheres to obstruction standards and will not pose a hazard to air navigation.

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Developers Get Approval From Miami’s UDRB For 38-Story ‘2900 Terrace’ In Edgewater

Miami’s Urban Development Review Board has issued approval for 2900 Terrace, a new 38-story mixed-use development slated for 401 Northeast 29th Terrace in the Edgewater neighborhood. This 380-foot-tall project is a collaboration between LNDMRK Development and Oak Row Equities, with design by the renowned architectural firm Arquitectonica. The development is anticipated to encompass 629,829 square feet, including 324 residential units, 22,354 square feet designated for office use, 13,108 square feet for commercial use, and 515 parking spaces. Construction is expected to be completed in 2026.

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Torose Equities Acquires Coral Gables Class A Office Building In Partnership With Lndmrk Development And Terranova

A partnership among Miami-based real estate investment firms Torose Equities, Lndmrk Development, and Terranova Corporation has acquired 255 Alhambra, an approximately 220,000-square-foot Class A office building in downtown Coral Gables. The acquisition gives the JV access to one of Miami’s most sought-after office submarkets. 255 Alhambra, located on 1.3 acres on Alhambra Circle, offers top-notch amenities, including floor-to-ceiling windows, a newly renovated lobby, and proximity to Coral Gables’ best restaurants and entertainment. The seller was an affiliate of Deutsche Bank/RREEF. The JV partners plan to further amenitize the property, building on the recent improvements and capitalizing on the demand for Class A office space in Coral Gables.

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FAA Permits Clear Path For Two 627-Foot-Tall Tower Cranes At 2600 Biscayne Boulevard

In a significant stride toward realizing their vision for a 40-story mixed-use tower, 2600 Biscayne Property, LLC, the joint venture between Oak Row Equities and Lndmrk Development, has secured FAA permits for installing two towering construction cranes at their upcoming project in Miami’s Edgewater neighborhood. These cranes are primed to ascend to 627 feet above ground, translating to a commanding 635 feet above mean sea level. This development’s vertical aspirations reflect a robust commitment to creating a remarkable addition to Miami’s urban landscape.

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FAA Permits Submitted For 521-Foot-Tall Tower At 2600 Biscayne Boulevard In Edgewater, Miami

Permits have been submitted to the Federal Aviation Administration (FAA) to construct 2600 Biscayne Boulevard, a planned 521-foot-tall mixed-use tower in Miami’s Edgewater neighborhood. The tower will be situated on the western frontage of Biscayne Boulevard, between Northeast 26th Street and Northeast 26th Terrace, also known as 246 Northeast 26th Terrace. Developed by Oak Row Equities in partnership with LNDMRK Development, the site was acquired for $35 million in 2022. Arquitectonica, an acclaimed architectural firm, is responsible for the tower’s design. The permits were filed on June 22, 2023, and are currently undergoing review by the FAA, marking a significant step in the development process.

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