Mixed Use

Developers Secure $83 Million Construction Loan For 25-Story Mixed-Use Project In Downtown Hollywood

8:00 am on August 23, 2022 By Oscar Nunez

Fort Lauderdale-based BTI Partners and Salt Lake City-based Bridge Investment Group have secured an $83 million construction loan from Canadian Imperial Bank of Commerce for a new 25-story mixed-use development in Downtown Hollywood’s Central Business District. The development site, acquired by the developers in 2021 for $11 million, was once home to the long-neglected and now demolished Hollywood Bread Building. Located at 1727-1745 Van Buren Street, 1700-1716 Harrison Street and 1740-1760 South Young Circle, the redevelopment of the site is an important step in the revitalization of the west end of Downtown Hollywood anchored by the 10-acre ArtsPark at Young Circle. The new development will yield 362 market-rate apartments and about 16,000 square feet of retail space, designed by Adache Group Architects and Modis Architects.

Demolition And Tree Permits Filed For 6001 NE 2nd Avenue In The Magic City Innovation District

8:00 am on August 22, 2022 By Oscar Nunez

Permits have been filed for demolition work and tree removal at 6001 Northeast 2nd Avenue, a lengthy 6.11-acre stretch of land located within the confines of the Magic City Innovation District emerging at the borders between Little River and Little Haiti in Miami. The site is located specifically located between Northeast 2nd and 4th Avenues with Northeast 60th Street directly to the south and Northeast 61st Street is the northern most thoroughfare. Plaza Equity Partners is listed as the owner of both permit applications, who is developing the mixed-use community along with investment firms Lune Rouge and Dragon Global. Plans for this particular site include an approved multifaceted 25-story residential tower, currently dubbed Parcel 11, designed by Arquitectonica which includes 522,806 square feet of space including 349 luxury residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces.

The Benjamin Companies Proposes Mixed-Use Development With Two 30-Story Towers For 777 SE 3rd Avenue In Downtown Fort Lauderdale

8:00 am on August 21, 2022 By Oscar Nunez

Site plans have been filed for The Benjamin, a 30-story, tw0-tower mixed-use development proposed for 777 Southeast 3rd Avenue in Downtown Fort Lauderdale. Designed by FSMY Architects + Planners for New York-Based developer The Benjamin Companies, the massive 1,170,112-square-foot superstructure would top off at approximately 341 feet and yield 542 residential units, 13,764 square feet of commercial space and 801 parking spaces. Architectural Alliance Landscape is serving as the landscape architect, Botel Thurlow Engineering is the civil engineer and Michael S. Wiener is the land use attorney. Fort Lauderdale’s Development Review Committee will consider plans for The Benjamin this upcoming Tuesday, August 23rd.

Rio Marine Village to Offer 192 Waterfront Residences in Rio, Florida

7:00 am on August 21, 2022 By Colt Dodd

Rio Marine Village could reach completion within the next two-and-a-half years. After being in the works for nearly 15 years, the venture will offer 192 residential townhomes and apartments, per TC Palm.

Miami Riverbridge, The Three-Towered Redevelopment Of Downtown Miami’s Hyatt Regency, Heads To November Referendum For Approval

8:00 am on August 19, 2022 By Oscar Nunez

At the end of July, Miami’s City Commission voted 4 – 1 in favor of Miami Riverbridge, a three-towered, large-scale mixed-use mega project proposed as the redevelopment of a 4.2-acre city-owned site at 400 Southeast 2nd Avenue in the heart of Downtown Miami, where the Hyatt Regency Miami and James L. Knight Convention Center stand today. Estimated to cost approximately $1.5 billion, the project calls for three new towers, two of 61 stories and one 95-story supertall, which would contain over 1,500 residential units, a new flagship 615-key Hyatt Regency hotel and 264 branded serviced apartments, 190,000 square feet of Class A meeting and events space, commercial and retail spaces, over 1,000 parking spaces and 50,000 square feet of open public space including a 480-foot-long rejuvenated riverwalk. Miami Riverbridge is being developed between Hyatt Hotels Corp. and Gencom under the HRM Owner LLC, and is being designed by Arquitectonica. The project’s fate is now in the hands of city voters at the next referendum on November 8.

River Landing Shops & Residences Launches Innovative Retail Space For Emerging Brands

7:30 am on August 17, 2022 By Oscar Nunez

River Landing Shops & Residences, a 2.2 million-square-foot mixed-use development at 1400 Northwest North River Drive in Allapatah, has launched Capsule, an innovative retail space for emerging brands to showcase specialty hand-picked merchandise, providing access to amenities such as dressing rooms, WIFI, ambient music and private restrooms at an affordable cost with flexible lease terms. Capsule connects customers in the community with items they can’t find anywhere else. The unique brick-and-mortar platform offers brands a traditional retail environment while allowing shoppers to support local women-owned businesses offering diverse selections of curated fashion and home goods under one roof. The 4,000-square-foot space is home to 20 highly curated local businesses.

Abbhi Capital Releases First Concept Rendering Of A Planned Mixed-Use Project For Miami Worldcenter Block A

8:00 am on August 15, 2022 By Oscar Nunez

YIMBY spotted a new rendering of another potential large scale mixed-use project for an undeveloped site in Miami Worldcenter, better recognized as MWC Block A in Park West, Downtown Miami. 2.2-acres of this city block is under the ownership of Miami-based developer and investment firm Abbhi Capital, led by founder and managing partner Sankesh Abbhi, which was assembled by the firm under the Sanaproperty8 LLC between 2020 and 2021 for a total of approximately $44 million. The developer is reportedly planning a mixed-use project with multi-family, office, retail and hotel components, currently in the pre-construction and entitlement phases. The property allows for up to 2 million square feet of development, which would be incorporated into the 27-acre Miami Worldcenter complex.

Oleta Planned for 14901 Northeast 20th Avenue and 2050 Northeast 151st Street in North Miami, Florida

7:00 am on August 15, 2022 By Colt Dodd

A mixed-use project called “Oleta” could soon start construction in North Miami, Florida. The 5.5-acre build site (which used to host a PBS studio) is planned to offer 832 residential units and “a variety of attractive commercial spaces for the neighborhood,” per North Miami Florida.

Riverside Wharf Wins Unanimous Support from Miami City Commission, Awaits Voter Referendum For Land Lease Extension

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

After the City of Miami Commission’s unanimous decision to move ahead with the Riverside Wharf master plan, Miami voters will have the opportunity to vote “yes” to extend the land lease for the development which will pave the way for Riverside Wharf to become a longstanding part of the Miami River community. Riverside Wharf, developed by MV Real Estate Holdings (MVREH), in conjunction with Driftwood Capital and Merrimac Ventures, is a $185M hospitality-driven entertainment complex along the historic Miami River. The 10-story, 1.5-acre development will rise as a world-class entertainment destination expected to usher in a new era for the River District by providing a new home for Wharf Miami, as well as brand new dining and nightlife concepts and a 165-key Dream Miami hotel that will be an amenity for the city and attract continued growth to the undeveloped riverfront neighborhood. Construction for this development is slated to start in the second quarter of 2023.

Greystar Cocomar, an Industrial Venture, Slated for Lyons Road and West Atlantic Boulevard, Coconut Creek, Florida

7:00 am on August 14, 2022 By Colt Dodd

Developers hope to move forward with an industrial development in Coconut Creek, Florida. Dubbed “Greystar Cocomar,” the venture would primarily comprise industrial space but in the future, could allow for retail and office space.

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