Multifamily

UDRB to Review Plans for 39-Story Residential Tower at 2534 North Miami Avenue in Wynwood

8:00 am on July 15, 2024 By Oscar Nunez

Miami’s Urban Development Review Board has received an application for a 39-story multifamily residential tower at 2534 North Miami Avenue in Wynwood. The approximately 437-foot-tall building, proposed by 2534 N Miami Associates, LLC, an affiliate of New York-based Hidrock Properties led by Abraham J. Hidary, is designed by Arquitectonica and will feature landscape design by Gardner + Semler Landscape Architecture. The development aims to rise under the Live Local Act, featuring 463 residential units and 444 parking spaces.

Developer Plans to Break Ground on 324-Unit ‘Terrassa’ at 500 Outlet Mall Boulevard, St. Augustine, FL

7:00 am on July 12, 2024 By Colt Dodd

Indiana-based Thompson Thrift has plans to break ground on a Class A multi-family housing development in St. Augustine, FL. Terrassa, named for the Spanish city, will offer 324 luxury residences, with floorplans spanning one-bedroom to three-bedroom models.

Plans Filed For 200-Unit Multifamily Development At 1830-1844 Jackson Street In Hollywood

8:00 am on May 6, 2024 By Oscar Nunez

Plans have been filed for Jackson Street Apartments, a 13-story apartment building proposed for 1830 – 1844 Jackson Street in Hollywood. Designed by Joseph B. Kaller of Kaller Architecture with Gabriela Fojt of The Mirror of Paradise as the landscape architect and developed by Menachem Trietel of Brooklyn-based Capitall Group in partnership with Isaac Khabie of ARK Ventures under the Fifty Street Investments LLC, the 140-foot-tall structure would yield a floor area of 148,366 square feet, which would include 200 rental apartments, approximately 1,384 square feet of ground floor retail space, and 236 parking spaces. Hollywood’s Planning and Development Board is scheduled to review the plans on May 14.

‘Lantower Bayside’ Set for 2026 Completion at 16485 U.S. Highway 19 North, Largo, FL

7:00 am on April 8, 2024 By Colt Dodd

An 8.4-acre parcel is slated to become a residential complex in Largo, FL. The 271-unit venture, called “Lantower Bayside,” will measure four stories above grade and comprise 261,000 square feet of leasable space.

Middle Street Partners Plans 216-Unit Complex At 1000 Jacaranda Blvd In Venice, Florida

7:00 am on January 23, 2024 By Colt Dodd

Middle Street Partners plans to start construction on a 216-unit complex that some sources call “1000 Jacaranda.” It’s planned for Venice, FL.

Concord Summit Capital Closes $12 Million Loan For Downtown Miami Development Site, Paving Way For 52-Story Tower With 545 Multifamily Units

8:00 am on June 11, 2023 By Oscar Nunez

Concord Summit Capital, LLC (“Concord Summit”) has arranged a $12 million bridge loan for an infill property in Downtown Miami. Managing Director Justin Neelis and Associate Keegan Burger of Concord Summit’s Miami office sourced and advised the loan. The bridge loan is intended to refinance the existing mortgage and provide predevelopment funds for the sponsor, Bluetrich Holdings, Inc (BHI). BHI plans to utilize these funds to realize its vision for the property, a 0.55-acre parking lot acquired in 2021 for $18 million. The site at 130 Southeast 1st Street benefits from the highest density zoning allowed, presenting a significant development opportunity.

Developers Seeks Approval for McCoys Landing at 101 Myrtle Ave. S., Jacksonville, Florida

7:00 am on May 20, 2023 By Colt Dodd

McCoys Landing is just one step closer to getting approval in Jacksonville, Florida. The seven-story complex will offer 275 units on a two-acre build site.

Taurus Development Group Proposes 28-Unit Multi-Family Project In Goulds, Miami-Dade County

8:00 am on April 27, 2023 By Oscar Nunez

New plans submitted to Miami-Dade County for an Administrative Site Plan Review reveal Taurus Development Group LLC’s proposal to develop a multi-family residential building in the Goulds Community Urban Center District (GCUC), designed by Conconcreto Designs LLC as the architect, structural engineer, and MEP engineer, and Fecttech Consult, LLC as the civil engineer. The development site is situated at the southwest corner of Southwest 218th Street and Southwest 120th Ave intersection, within the Center Sub-District of the GCUC. The vision for the project is an 8-story, 28-unit apartment building with a ground-floor parking garage and additional on-street parking.

Developers Breaks Ground On 18-Acre Multifamily Development in Palm Springs, Florida

8:00 am on April 26, 2023 By Oscar Nunez

South Florida real estate development and investment firm Mast Capital has joined forces with Boston-based Rockpoint and The Spear Group to break ground on an 18-acre multifamily development in Palm Springs, FL. With $42.5 million in construction financing from Santander Bank, the project, located at 2085 S. Congress Ave., will rise on the site of the former YMCA of the Palm Beaches. The development will feature 264 upscale, garden-style apartments across 11 residential buildings.

Empira Group Acquires Brickell Development Site, Plans 26-Story Multifamily High-Rise

8:00 am on April 20, 2023 By Oscar Nunez

Swiss real estate investment powerhouse, Empira Group, has made headlines with its recent acquisition of the 901 Southwest 3rd Avenue development site for $21.5 million, previously referred to as Empire Brickell, in the bustling Brickell neighborhood of Miami. This marks the firm’s second foray into greater downtown Miami’s development landscape in just under a year, with the transaction successfully closing on April 17th, 2023. With construction anticipated to begin in the first quarter of 2024, Empira Group envisions a 26-story tower comprising 310 market-rate apartments alongside approximately 2,500 square feet of ground-floor retail space. The project’s completion is slated for 2026.

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