Miami-Dade County

Namdar Group Issued $195 Million Loan For Two Apartment Towers In Downtown Miami

8:00 am on August 28, 2022 By Oscar Nunez

Great Neck, NY-based real estate investment and development firm Namdar Group has secured $195 million in acquisition and construction funding for Namdar Towers, two residential buildings of 41- and 43-stories planned for 222 Northeast 1st Avenue in Downtown Miami. The loan came from an affiliate of New York’s Slate Property Group – SCALE Lending – brokered by associates of Greystone Capital Advisors. Plans for the residential project include 1.2 million square feet of space with 1,354 residential units between both towers.

Plans Filed For First Portion Of Upland Park Phase One Beside Dolphin Station In Sweetwater, FL

8:00 am on August 24, 2022 By Oscar Nunez

Miami-Dade County planners received an Administrative Site Plan Review (ASPR) application for the first portion of Upland Park Phase 1, a 15-story mixed-use building planned for 11897 Northwest 12th Street in Sweetwater, Florida, dubbed Building L. Designed by Arquitectonica and developed by Terra Group (Terra) under the Terra International Services, LLC, this phase of the development will consist of 384 multi-family dwelling units, approximately 50,000 square feet of grocery and retail, and approximately 853 parking spaces in a structured garage. The 2.575-acre subject property is owned by Miami-Dade County and leased to Terra for developmental purposes, representing a fraction of the overall planned 43-acre Upland Park transit-oriented mixed-use community where the developer is spending $1 billion to build nearly 2,000 residential units, 200,000 square feet of retail, a 12-story hotel, a 16- story office building, medical facilities and a school.

Demolition And Tree Permits Filed For 6001 NE 2nd Avenue In The Magic City Innovation District

8:00 am on August 22, 2022 By Oscar Nunez

Permits have been filed for demolition work and tree removal at 6001 Northeast 2nd Avenue, a lengthy 6.11-acre stretch of land located within the confines of the Magic City Innovation District emerging at the borders between Little River and Little Haiti in Miami. The site is located specifically located between Northeast 2nd and 4th Avenues with Northeast 60th Street directly to the south and Northeast 61st Street is the northern most thoroughfare. Plaza Equity Partners is listed as the owner of both permit applications, who is developing the mixed-use community along with investment firms Lune Rouge and Dragon Global. Plans for this particular site include an approved multifaceted 25-story residential tower, currently dubbed Parcel 11, designed by Arquitectonica which includes 522,806 square feet of space including 349 luxury residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces.

Oleta Planned for 14901 Northeast 20th Avenue and 2050 Northeast 151st Street in North Miami, Florida

7:00 am on August 15, 2022 By Colt Dodd

A mixed-use project called “Oleta” could soon start construction in North Miami, Florida. The 5.5-acre build site (which used to host a PBS studio) is planned to offer 832 residential units and “a variety of attractive commercial spaces for the neighborhood,” per North Miami Florida.

Miami-Dade County Releases New Details On MetroCenter, The Redevelopment Of 17-Acres In The Government Center District

8:00 am on August 11, 2022 By Oscar Nunez

Miami-Dade County has initiated a Request For Proposals to enter into a long-term public-private partnership to redevelop 17 contiguous acres of County-owed land within the 28-acre Government Center District in Downtown Miami. The bidding process opened this past Tuesday for the redevelopment project, which the county branded as MetroCenter, and the property comprises 11 primary sites spanning multiple blocks west of the Government Center Metrorail Station and east of the I-95 Expressway. The chosen Master Developer will have the opportunity to lead the development of up to 23.7 million square feet of space which could include anywhere between 6,000 to 8,500 residential units mixed between affordable and market rates, educational facilities, transportation advancements, cultural amenities and open spaces, commercial spaces, hospitality spaces, and retail establishments. These uses would be spread throughout multiple structures that could rise 550 to 770 feet, with the objective of creating a seamless, active, self-sustaining, urban neighborhood.

Shoma Group Completes Shoma Village Rental Community In Hialeah, Welcomes It’s First Residents

8:00 am on August 9, 2022 By Oscar Nunez

Miami-based developer Shoma Group completed it’s two-tower multifamily rental community at 445 Hialeah Drive in Hialeah known as Shoma Village. They began welcoming in the first residents to brand new apartments on August 1, with leasing activities managed by KW Property Management & Consulting and the property managed by Shoma MGMT. The development is comprised of two 8-story buildings with 304 residences in a mix of studios, one-, two- and three-bedrooms. 65% of units are already rented and the remaining inventory is expected to be fully leased by the end of summer. Shoma Village was designed by Kendall-based MSA Architects, and Suffolk Construction served as the general contractor along with KD Construction of Florida, LLC as the shell contractor.

Developer Seeks Shoreline Approval For 30-Story Mixed-Use Tower At 1755 Kennedy Causeway In North Bay Village

8:00 am on August 6, 2022 By Oscar Nunez

B Developments under the LGE NBV, LLC filed an application with Miami-Dade County for a shoreline review at 1755 Kennedy Causeway in North Bay Village. The developer is planning a 340-foot-tall mixed-use building designed by Arquitectonica that would stand 30 stories and directly front Biscayne Bay. Plans calls for 473,252 square feet of space including 201 residential units with 32,654 square feet of amenities, a 19,455-square-foot space for a restaurant with a waterfront terrace, a 1,860-square-foot juice bar/coffee bar on the ground floor, 52,358 square feet of office space and a parking structure incorporated into the podium with 408 parking spaces. ArquitectonicaGEO is the landscape architect with Kimley-Horn as the civil engineer.

River Rapids Could Offer 593 Apartments at 2750 Northwest South River Drive, Miami, Florida

7:00 am on August 4, 2022 By Colt Dodd

A former trailer park in Miami-Dade County could soon find new life as River Rapids, a 593-unit apartment complex. Homes would span from studios to three-bedroom units, with some homes featuring dens. Square footage ranges from 540 square feet to 1,300 square feet.

Related Group Proposes 167-Unit Mixed-Income Residential Project In Little Havana, Miami

8:00 am on July 30, 2022 By Oscar Nunez

Related Group recently filed plans for Gallery at Marti Park, a 12-story mixed-income development proposed for 450 Southwest 5th Street in the Little Havana neighborhood of Miami. Designed by Doral-based CMA Architects, the project aims at providing high quality housing for low income households at 30% and 80% of AMI as well as market rate households. Plans call for 167 residential units in a mix of one- and two-bedroom floor plans ranging between 622 and 850 square feet, of which 85 will set aside for low income housing, and a 5,200-square-foot community center.

Edgewater Collective Unfolding at 1900 and 2000 Biscayne Boulevard, Miami, Florida

7:00 am on July 29, 2022 By Colt Dodd

Edgewater Collective is still unfolding in Miami, Florida. The $245 million venture will offer both residential and retail space. Upon completion, it’ll comprise three high-rise towers, measuring about 30 to 40 stories above grade. Per…

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