Developers could soon start construction on the Bexly at Boutwell Apartments, a residential venture that would offer 200 apartments divided among two five-story buildings. The homes would measure 720 square feet to 1,080 square feet each, per a 2021 report from the South Florida Business Journal. Homes will comprise one-bedroom to two-bedroom layout plans.
The Morgan Group, Inc., a Houston-based developer, hopes to turn the Macy’s into a residential housing community. Plans show that developers intend on moving forward with 356 apartments.
Miami-based developer Shoma Group completed it’s two-tower multifamily rental community at 445 Hialeah Drive in Hialeah known as Shoma Village. They began welcoming in the first residents to brand new apartments on August 1, with leasing activities managed by KW Property Management & Consulting and the property managed by Shoma MGMT. The development is comprised of two 8-story buildings with 304 residences in a mix of studios, one-, two- and three-bedrooms. 65% of units are already rented and the remaining inventory is expected to be fully leased by the end of summer. Shoma Village was designed by Kendall-based MSA Architects, and Suffolk Construction served as the general contractor along with KD Construction of Florida, LLC as the shell contractor.
Emerald Bay Apartments could soon take shape in Hialeah, Florida. The $345 million venture will offer more than 900 units delivered in multiple phases. The first phase alone will offer seven buildings, featuring one-bedroom to three-bedroom homes. They will measure from about 660 square feet to 1,320 square feet each.
Miami-based developer Shoma Group (Shoma) has purchased a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. The property, bound by Douglas Road to the west and Metrorail’s elevated railway to the south, will be cleared to make way for Shoma One, a two-towered 18-story mixed-use development designed by MSA Architects with 391-unit apartment community and a Shoma Bazaar food hall. The development is scheduled to break ground in January 2023 and is expected to be completed in 18-24 months with an estimated cost of $220 million to build.
