Nearly three years after purchasing a 1.86-acre parcel, developers have started construction on Avalon South Miami. The developer secured the build site for $18.95 million and demolished a 20,000-square-foot Winn-Dixie grocery store before breaking ground. 5850 S.W. 73 Street LLC was the seller.
The Tampa Bay Rays’ search for a new stadium has finally come to an end. Our sources indicate that the Major League Baseball team has announced plans for a billion-dollar stadium in St. Petersburg’s Historic Gas Plant District.
Demolition has commenced on a Quality Foods supermarket in Jacksonville, FL. In its place will be 7th and Hubbard, a mixed-use complex that could offer close to 200 units and various commercial ventures.
Developers are working on the Gale Hotel & Residences. The venture, occupying seven of the 51 floors, will offer 240 luxury condos: 160 for short-term rentals and the remaining 80 as hotel/apartment units.
LCOR, a leading real estate development and investment firm, has revealed the first details of its newest full-service rental development, located at 1775 Biscayne Boulevard in Edgewater, Miami. Designed by ODP Architecture & Design with KAS designing interiors, the development will create 544 new premium rental residences, 50,000 square feet of amenity space, a 628-space onsite parking garage, and over 10,000 square feet of ground-floor retail. The proposed 42-story development, dubbed 1775 Biscayne, was recently submitted to the Miami Urban Development Review Board (UDRB).
