Ground has officially broken on Ludlam Trail Towers, an affordable housing development in Miami-Dade County. The venture will comprise 64 apartments ranging from 760 square feet to 1,000 square feet each. The community itself measures five stories.
Two Roads Development has submitted plans to the Urban Development Review Board (UDRB) for Biscayne 21, a highly anticipated three-towered mixed-use complex in Edgewater, Miami, at 2121 North Bayshore Drive. The development will feature 705 condominium units across three 649-foot-tall residential towers, 8,433 square feet of commercial space on the ground floor, 971 parking spaces, a comprehensive amenities program, and over 800 linear feet of the new waterfront promenade. The project boasts an impressive lineup of architects and engineers, including Arquitectonica, EDSA, Longitude Surveyors, and Langan Engineering.
L&L Holding Company, Oak Row Equities, project partner Shorenstein Properties, and co-investor Claure Group have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 Northwest 29th Street in Miami’s famed Wynwood Arts District. This milestone came after securing $215 million in construction financing from Bank OZK for this dynamic project, designed by the renowned architecture firm Gensler.
Miami’s Building Department has approved a foundation permit for 222 (Namdar Towers), a 1.3-million-square-foot mixed-use development comprising two 43-story towers at 222 Northeast 1st Avenue in Downtown Miami. Designed by Behar Font & Partners with De Los Reyes Engineering, Inc. as the structural engineer and developed by Great Neck, New York-based Namdar Group, the development is planned to yield 1,394 residential units, 7,984 square feet of ground floor commercial space, 336 vehicles parking spaces, and racks for 1,394 bicycles. Witkin Hults + Partners is the landscape architect, TWR Engineers is the MEP engineer, and Grāef is the civil engineer.
Miami-based Terra and AB Asset Management have secured a $43.2 million refinancing loan for Residences in the Grove, a 148-unit residential building planned at 2835 Tigertail Avenue in the heart of Miami’s Coconut Grove neighborhood. The financing provided by the City National Bank of Florida and KS Finance Corporation will fund preliminary demolition and site work in preparation for the project’s groundbreaking. Construction of Residences in the Grove is estimated to get underway later this year, with completion slated for 2025.
