Mast Capital

Mast Capital To Break Ground On 2nd Phase Of Waterline Miami River In East Little Havana, Miami

Miami-based real estate developer Mast Capital, led by founder and CEO Camilo Miguel Jr., has partnered with Boston-based global real estate investment firm AEW Capital Management to launch Phase 2 of Waterline Miami River, an 6.31-acre residential development designed by Coral Gables-based Corwil Architects and located at 1001 Northwest 7th Street in East Little Havana, Miami.  The second phase will rise 8-stories and bring the full development to a combined 688 apartment units, adding in 342 rental units on the remaining 2.7-acre development site with over 400 feet of unobstructed water frontage along the Miami River. The joint venture has secured financing from Wells Fargo for the project’s construction set to begin in January 2022.

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Mast Capital Purchases Prime 2.8-Acre Development Site In Brickell To Build Three Luxury Mixed-Use Towers

Miami-based developer Mast Capital has acquired the 2.8-acre vacant development site addressed as 1420 South Miami Avenue for $103 million from Rega Center Miami Holdings. The site is located on the southern edge of the Brickell Central Business District and represents one of the last remaining raw parcels of land available zoned for rapid transit-oriented high-density development in the area. The developer submitted site plans for a massive master-planned project yielding 2.6 million square feet across three soaring towers, including an 80-story luxury condominium tower with 400 residences, and two multifamily towers of 50 and 60 stories with a combined total of 850 luxury apartments. Mast Capital partnered with private equity real estate firm Rockpoint for the acquisition, the third joint venture between the two firms this year.

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Refined Design Revealed For 17-Story Tower At 5333 Collins Avenue, Miami Beach

A 17-story condominium tower planned for 5333 Collins Avenue has been resubmitted to the Design Review Board of Miami Beach in response to comments made on the last review of the design proposal back in October. Designed by OMA New York with ODP Architecture & Design as the architect of record, the 213-foot-tall structure has been slightly scaled down in mass and received several refinements on the exterior. The project is being developed by 5333 Collins Acquisitions LLC, an entity owned by real estate developer Mast Capital, and is expected to yield 100 residential units, 183 parking spaces, and over 25,000 square feet of amenities. 

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Updated Design Revealed For 3900 Alton Road, Bayshore, Miami Beach

In a response to comments made by staff at the Design Review Board meeting on October 5th, refinements have been made to the design for 3900 Alton Road, a modern curvilinear 8-story residential tower proposed to rise in Bayshore, Miami Beach. The project is designed by internationally-acclaimed architectural firm Arquitectonica for M 4000 Alton Owner, LLC, an entity linked to Miami-based real estate developer Mast Capital, with Witkin Hults + Partners as the landscape architect. The development is projected to span 198,490 square feet of new construction with 178 residential units and 254 parking spaces. Today, we will take a look at the updated design for the building’s elevations and upgraded materials.

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Beach View. 5333 Collins Avenue. Courtesy of ODP Architecture & Design.

Updated Renderings And Diagrams Revealed For Upcoming 17-Story Condo Tower At 5333 Collins Avenue

New renderings and diagrams have been released via a Design Review Approval request for the proposal for 5333 Collins Avenue, a 17-story condominium tower planned to rise in Miami Beach. Designed by OMA New York with ODP Architecture & Designed listed as the architect of record and developed by Camilo Miguel Jr’s Mast Capital, the structure’s roofline should rise to 213-feet overlooking Indian Creek and the Atlantic Ocean, and yield 381,121 gross square feet including 246,906 square feet of residential space across 100 condo units, 183 parking spaces and nearly 23,000 square feet of amenities.

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