Miami

HTG Completes Father Marquess-Barry Apartments, An Affordable Housing Community In Overtown, Miami

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

Housing Trust Group (HTG), an award-winning multifamily developer and one of the nation’s largest developers of affordable housing, recently held an official grand-opening for the completion of Father Marquess-Barry Apartments, a $18.5 million affordable housing community for seniors located at 301 Northwest 17th Street in the historic Overtown neighborhood of Miami. Designed by Modis Architects with interiors by B Pila Design Studio and landscaping from JBC Planning and Design, Father Marquess-Barry Apartments contains 60 one- and two-bedroom residential units with rents ranging from $372 to $1,200 per month for income-qualifying seniors ages 62 and up who earn 40 percent and 60 percent of area median income. The property leased up rapidly and is 100 percent occupied.

Oak Row Equities (Formerly Carpe Real Estate Partners) Acquires 2.1-Acre Edgewater Assemblage For Mixed-Use Development

8:00 am on July 2, 2022 By Oscar Nunez

Carpe Real Estate Partners, a vertically integrated real estate private equity and development company, founded by Erik Rutter and David Weitz in 2018, announced a rebrand to Oak Row Equities. The name change comes as the company continues to mature from its launch in 2018 with one property under management to now over three million square feet under development and one billion dollars of assets under management. In addition to the rebrand, Oak Row Equities announced that it has closed on the acquisition of a 2.1-acre site on one of the last remaining undeveloped city blocks in the urban core. The firm acquired 2600 Biscayne Boulevard in Miami’s popular Edgewater neighborhood for $35 million to develop a mixed-use project designed by architecture firm Arquitectonica. Oak Row Equities is one of Miami’s fastest-growing real estate development firms with active projects in Wynwood, North Miami Beach, Edgewater, and the Design District.

DACRA’s 15-Story Class-A Office Building ‘The Ursa’ Submitted To Miami’s Urban Development Review Board For Approval

8:00 am on June 20, 2022 By Oscar Nunez

An Urban Development Review Board (UDRB) application has been submitted for review and approval in regard to The Ursa, a 15-story office building proposed for development at 30 Northeast 29th Street in Miami’s Design District. Featuring world-class architecture from design firm Arquitectonica and developed by Sun King LLC, an entity directed by DACRA CEO Craig Robins, The Ursa comprises 274,268 square feet of space including 159,892-square-feet of Class-A office space across 10-stories, 6,780 square feet of ground floor retail space, and 134 parking spaces all within a 222-foot-tall artistically-designed structure. The application was scheduled for review on June 15, 2022 and is now pending approval.

Developers Moving Ahead with Aman Hotel and Residences at 3425 Collins Avenue, Miami, Florida

7:00 am on June 19, 2022 By Colt Dodd

In early 2021, developers received permission from the Miami Beach Historic Preservation Board to start construction on a new high-rise venture. Per the Real Deal, the 221-foot-tall tower will offer 56 hotel rooms and 23 luxury condos.

Integra Investments And EHDOC Announce Completion Of 13-Story Affordable Housing Project ‘Mosaico’

8:00 am on June 18, 2022 By Oscar Nunez

Integra Investments, the Miami-based real estate investment and development company — through its affordable housing development division, Interurban, LLC — in a joint venture with Elderly Housing Development & Operations Corporation (EHDOC), a national non-profit organization dedicated to developing and managing senior affordable housing, announced the completion of the 271-unit elderly affordable housing development — Mosaico. The development provides much-needed subsidized housing in the City of Miami amid Miami-Dade’s housing crisis.

The Gateway At Wynwood Leases 14,000 Square Feet Across Three New-To-Market Tenants

7:30 am on June 18, 2022 By Oscar Nunez

Kobi Karp’s 12-story The Gateway at Wynwood – one of the latest new boutique office buildings to complete in Miami’s Wynwood area – has landed three new-to-market tenants occupying nearly 14,000 square feet in total. New York-based R & B Realty Group, led by CEO Aron Rosenberg, developed the 195,000-square-foot Class-A office project along with Plaza Construction as the general contractor, and opened up for occupancy earlier this year. The Gateway at Wynwood is located at 2916 North Miami Avenue, tucked on the northwest corner of the intersection with Northwest 29th Street. Colliers’ Executive Managing Director Stephen Rutchik, Managing Director Tom Farmer and Director Tyler de la Pena represented the development in the office lease transactions.

Foundation Permit Issued For 47-Story Residential Tower At 77 SE 5th Street In Brickell

8:00 am on June 14, 2022 By Oscar Nunez

A phased foundation permit has been issued to Miami-based real estate developer Related Group for a 47-story residential tower at 77 Southeast 5th Street in Brickell, Miami. According to a pending permit for vertical construction filed in December 2020, the plan for this development is a 478-foot-tall tower with 720,101 square feet of space including 506 multi-family rental units. The project is going by the name of One Brickell Tower II for the time being, and is designed by Arquitectonica. John Moriarty & Associates of Florida Inc. is listed as the general contractor. The permit was approved on June 2, 2022, and Related will have until November 29, 2022 to complete foundation work.

PMG And Sentral Partner Up For Dual-Tower, 1.5-Million-Square-Foot Mixed-Use Development At 130 SW 8th Street In Brickell, Miami

8:00 am on June 13, 2022 By Oscar Nunez

National investment, development, and asset management firm Property Markets Group (PMG), and Sentral, the rapidly expanding prop-tech company creating the world’s largest flexible living community, announced a partnership to develop a two-phase, 803-unit multifamily community with more than 15,000 square feet of retail space in the heart of Miami’s Brickell neighborhood. The acquisition of the site at 130 Southwest 8th Street will mark Sentral and PMG’s first partnership, as well as Sentral’s first purpose-built development as part of the brand’s national expansion. Phase one includes a 550-foot-tall, 46-story tower with 570 units and will break ground in late 2022, with completion slated in late 2024. Phase two will include a 380-foot-tall, 31-story tower with 233 units.

Vertical Construction Begins For Onda Residences At 1135 103rd Street In Miami’s Bay Harbor Islands

8:00 am on June 9, 2022 By Oscar Nunez

Vertical construction is well-underway for Onda Residences, a 41-unit boutique condominium development along the waters of Biscayne Bay at 1135 103rd Street in Bay Harbor Islands. Designed by Arquitectonica with interiors by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture and Developed by a joint venture between Morabito Properties and CMC Group, the project will deliver fully finished residences ranging from two-to-four bedroom layouts spanning between 1,809 and 3,535 square feet in size, and four penthouse residences measure up to 5,073 square feet – two of which include private rooftop pool decks. The 8-story development is on track to top-off construction in December, with delivery slated for the Fall of 2023. Coastal Construction serves as the development’s general contractor.

Bay Pointe Undergoes Construction at 10216 Eureka Drive and Southwest 184th Street, Perrine, Florida

7:00 am on June 9, 2022 By Colt Dodd

Bay Pointe is currently undergoing construction in Miami-Dade County, Florida. The eight-story, multi-million-dollar venture will feature 269 apartments and about 3,800 square feet of retail space. The residences will measure 558 square feet to 1,161 square feet each, offering one-bedroom, two-bedroom, and three-bedroom units.

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