Miami-Dade County

Sunshine Residence Proposed For 4110 NW 22nd Avenue In Brownsville, Miami

Administrative site plans have been filed with Miami-Dade County planners for Sunshine Residence, a 5-story transit-oriented mixed-use building proposed for 4110 Northwest 22nd Avenue in the Model City Urban Center District of Brownsville, Miami. Designed by Ricardo Muñiz-Guillet of MUVE Architecture and developed by Red Octopus LLC led by Walter Rua and Yanina Mauro, the approximately 57-foot-tall development comprises 22,938 square feet of space including 20 dwelling units and 3,122 square feet of commercial space; 3 units would be set aside for workforce housing. Plans were filed on July 20, 2022, and may be considered for review on August 15, 2022.

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Citadel Revealed As Buyer Of 2.5-Acre Development Site At 1201 Brickell Bay Drive In Miami

The buyer behind the last remaining prime water front development site in Brickell, 1201 Brickell Bay Drive, has been revealed to be Citadel, a multinational hedge fund and asset management company led by CEO Ken Griffin. The 2.5-acre site sold for a record-breaking $363 million back in April 2022, but the buyer’s identity was hidden behind a Chicago-based limited liability company. Miami-Dade County property records now show the site was sold by TWJ 1201 LLC, an entity linked to Tibor Hollo’s Florida East Coast Realty (FECR), to 1201 Brickell Bay LLC. Hollo paid $15,500,000 for the site nearly 22 years ago, yielding an approximate 2300% profit.

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