Keys Lake will include 250 multi-family town homes, each measuring two stories above grade. The largest units comprise 1,988 square feet, including four bedrooms and 3.5 bathrooms.
The Federal Aviation Administration has received an application for permission to construct a 1,049-foot-tall structure at 1428 Brickell Avenue in Downtown Miami. The property sits at the intersection between Brickell Avenue and Southeast 14th Terrace, just across the street from the Four Seasons Residences Miami. The current owner of the site is Miami-based real estate developer Ytech, listed as Ytech 1428 Brickell LLC according to the public records, who purchased the site back in January of 2017 for just over $26 million from The Taplin Company LTD.
Renderings have been unveiled for two new skyscrapers from KAR Properties in Downtown Miami tentatively known as MRP5 and MRP6. The images recently appeared on the developer’s website, referred to as ‘State-of-the-art’ towers; one with multifamily residential units and retail, and the other an office building. The unveiling of the two new towers corresponds with the announcement of the relaunch of One River Point luxury condominium complex back in May, mentioning two additional phases to be added to the project. MRP5 and MRP6 are expected to rise on land already owned by KAR Properties, possibly addressed as 82 Southwest 3rd Street and 50 Southwest 3rd Street.
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.
