Belmont Village Coral Gables, an assisted living facility, is just one step closer to completion. The $50 million venture started construction in the second quarter of 2021 and will ideally open in the second quarter of 2023.
An Administrative Site Plan Review request has been received by Miami’s Department of Regulatory and Economic Resources in regard to the development of Princeton Garden, a 4-building multi-family residential complex proposed for 24000 Southwest 127th Avenue in the Princeton Community Urban Center District of Miami-Dade County. The property sits at the intersection with Southwest 240th Street, currently vacant and spanning 10.356-acres, equivalent to 450,757 square feet of land. Behar Font & Partners is listed as the architect, and Princeton Garden Apartments, LLC is the developer behind the application.
Drivers Club Miami isn’t just a social club. It’s also been delayed after being in the works since 2018.
Miami’s Jungle Island (formerly known as “Parrot Jungle Island”) closed its doors in light of the Covid-19 pandemic. Plans are also in the works for a 300-room hotel, named “Jungle Island Hotel.”
The development site of an already approved 53-story mixed-use building planned for Downtown Miami was recently sold to a prominent New York City developer. The two parties in the transaction are the seller Downtown 56 LLC, an affiliate of S2 Development, and the buyer Downtown 1st Street LLC, an affiliate of Long Island-based Lions Group NYC. The 16,718-square-foot site traded hands for $10 million, and that includes the addresses 56 Southwest 1st Street and 65 Southwest 2nd Street, including the air rights to the adjacent city-owned parking structure at 70 Southwest 1st Street. Lions Group NYC intends to follow through with the existing plans for the new building.
