Miami-Dade County

29-Story Gallery At West Brickell Breaks Ground At 201 SW 10th Street In West Brickell, Miami

8:00 am on September 23, 2022 By Oscar Nunez

Related Urban Development Group, the affordable housing arm of Related Group, Miami-Dade County and Miami-Dade County Public Schools celebrated the groundbreaking of the 29-story Gallery at West Brickell on Wednesday, September 21. The event commemorated the start of construction on the third Gallery-branded property, attracting many notable people, including Miami-Dade County Mayor Daniella Levine Cava; Miami-Dade County District 5 Commissioner Eileen Higgins; Miami-Dade County Public Housing Director Michael Liu; Related CEO Jorge M. Perez among others. The 304-foot-tall project is located at 201 Southwest 10th Street in West Brickell, Miami. It will offer 465 mixed-income units ranging from studios to three-bedroom apartments with 163 units reserved for workforce housing, 302 market-rate units, 2,240 square feet of office space, 2.338 square feet of retail space, and 529 parking spaces. CMA Architects is the architect.

Bridge Point Doral Distribution Center Planned for Doral, Florida

7:00 am on September 23, 2022 By Colt Dodd

A new Class-A industrial park is headed for Doral, Florida. Some sources call it “Bridge Point Doral Distribution Center.” The venture, resting on 175 acres of “prime real estate,” will comprise 2.6 million square feet of new construction.

Sabal Palm Village at Flagler Trail to Offer More Than 2,000 Homes in Miami, FL

7:00 am on September 22, 2022 By Colt Dodd

Sabal Palm Village at Flagler Trail is a proposed development in Miami, Florida. The $120 million complex could span 5.9 million square feet. The Real Deal reports that, of that square footage, there will be 168,011 square feet of office space, 296,297 square feet of retail, and a 43,760-square-foot community/vocational college.

Potential $240 Million Land Sale Could Clear The Way For A Sculpturesque 80-Story Condo Tower In Brickell

8:00 am on September 21, 2022 By Oscar Nunez

Miami’s oldest Presbyterian church has been given clearance to move forward with the $240 million sale of 2.2-acres of land at 609 Brickell Avenue, one of the last remaining waterfront sites in Brickell. The Permanent Judicial Commission of the General Assembly of the Presbyterian Church, the highest governing body of the religious institution, sided with church leaders and members in favor of selling the land for redevelopment purposes. Miami-based investment and development firms 13th Floor Investments and Key International are planning an 80-story condominium tower designed by Sieger Suarez Architects (Sieger Suarez) that could become a supertall fronting Biscayne Bay. The developers and church leaders are reportedly finalizing the sale contract for the prime development site.

NR Investments Proposed Mixed-Use Development in Miami-Dade County, Florida

7:00 am on September 18, 2022 By Colt Dodd

NR Investments hopes to move forward with a new mixed-use development in Miami-Dade County, Florida. The Miami Herald reports that the residential aspect could comprise 2,500 homes spread across multiple buildings.

Natiivo Miami to Reach Completion in 2023 at 601 Northeast 1st Avenue, Miami, Florida, 33132

7:00 am on September 6, 2022 By Colt Dodd

Natiivo Miami started construction in February 2021. The $213 million venture is expected to reach completion in the third quarter of 2023. Upon finishing, the 51-story tower will offer 448 condos, ranging from studios to three-bedroom homes.

Hines Acquires Life Time Living-Branded 495-Unit Gables Station Residential Complex In Coral Gables

8:00 am on September 5, 2022 By Oscar Nunez

Hines Global Income Trust (HGIT), an investment arm of global real estate firm Hines, acquired Gables Station, a 14-story multi-family complex designed by Gensler and located at 225 South Dixie Highway in Coral Gables, for $430 million. The development, which completed construction last year, features 495 Life Time Living® residences. This acquisition is the second largest single-asset multifamily sale in South Florida, reaffirming HGIT’s and Hines’ bullish stance on the future of the market. Since the pandemic, Hines has committed approximately $1.8 billion across three prime developments and acquisitions in South Florida. Willowick Residential, Hines’ boutique multifamily property management firm, will assume the role as property manager for the asset.

Construction Continues on Two DR Horton Properties in Homestead and Stuart

7:00 am on September 5, 2022 By Colt Dodd

Preserves at Park Trace is unfolding in Stuart, Florida. The $44.6 million housing development will offer more than 100 single-family units on a 97-acre lot. Options comprise five floorplans, ranging from two-bedroom to five-bedroom options.

Finvarb Group Proposes 5-Story Mixed-Use Development For 1790 Alton Road In Miami Beach

8:00 am on September 4, 2022 By Oscar Nunez

Plans have been filed for a mixed-use project at 1790 Alton Road in South Beach, Miami Beach. The scope of work includes a new construction building of 5-stories set to occupy an irregularly shaped 0.237-acre land parcel nestled between 18th Street and Dade Boulevard, beside an Office Depot supply store and across the street from the Kimpton Hotel Palomar South Beach. Plans for the 79-foot-tall structure calls for 34,679 gross square feet of space including 12 residential units, 2 distinct restaurants and 19 parking spaces. Finvarb Group under the Sobe 18 LLC is the developer and owner of the application, which is scheduled for review by the city’s Design Review Board on October 4, 2022.

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.

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