A vacant 0.36-acre lot could soon be home to a mixed-use venture in Miami-Dade County, Florida. Developer Jaimito Ventures LLC owns the property, having purchased it for $625,000 in February.
Shahab Derazi, the president of J&H Advisors, has one thing to say about Grand Ocean: “This isn’t going to be just another building at the beach.” The luxury three-story development will reflect the values of Atlantic Beach.
Plans for a new high-rise are making waves in Ojus, Miami-Dade County, with a 20-story tower designed by Arquitectonica poised to bring an array of apartments, office space, and retail outlets. The developer, Coral Gables-based 18050 W Investments LLC, has set the gears in motion with a pre-application submitted to Miami-Dade County officials. The 0.92-acre site, located at 18050 West Dixie Highway and 2560 Northeast 181st Street near North Miami Beach, is currently occupied by two residential buildings. The developer assembled the property last year at a total cost of $4.22 million.
In October 2022, MMG Equity Partners and Mouhalis Capital sought approval for an expansion of Strada shopping center, a mixed-use complex in Coconut Creek, Florida. Now, nearly six months later, they’ve secured approval from city officials.
18050 W Investments hopes to get approval for a 20-story mixed-use development in Miami’s Ojus neighborhood. The unnamed development will comprise 120 studio apartments and one-bedroom apartments.
