Oak Row Equities

Multiple Permits Filed for 38-Story Mixed-Use Tower at 401 Northeast 29th Street

8:00 am on October 9, 2024 By Oscar Nunez

Construction permits for 2900 Terrace, a 38-story mixed-use tower planned at 401 Northeast 29th Street in Miami’s Edgewater neighborhood, are advancing through the approval process. Three permits are under review: a phased vertical permit and a tree removal permit, filed on October 4, and a site work permit for foundation work submitted on October 7. Coastal Construction is listed as the general contractor for the vertical and site work permits, marking key steps toward the project’s commencement.

Site Acquired for 45-Story Residential Tower ‘First & Fifth’ at 49 NW 5th Street in Downtown Miami

8:00 am on June 18, 2024 By Oscar Nunez

Oak Row Equities has acquired 49 Northwest 5th Street in Downtown Miami, where it plans to develop First & Fifth, a 45-story multifamily tower. The site was purchased off-market for $38.5 million with seller financing and is located across from MiamiCentral Station, the hub for South Florida’s major train systems. The 700,000-square-foot tower is being designed by ODP Architecture & Design, drawing inspiration from Miami’s turn-of-the-century Venetian architecture while incorporating modern amenities. Colliers Executive Managing Director Mika Mattingly, Senior Associate Cecilia Estevez of the South Florida Urban Core Team, and Vincent Pastore of Pastore and Associates represented the seller in the transaction.

Oak Row Equities Officially Breaks Ground On 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on April 23, 2024 By Oscar Nunez

Oak Row Equities has broken ground on 2600 Biscayne Boulevard, a 41-story tower in Miami’s Edgewater neighborhood that will offer a mix of multifamily residences and office spaces. Coastal Construction Group is tasked as the project’s general contractor. The design is spearheaded by the internationally acclaimed architecture firm Arquitectonica, with interiors by Portland-based Vida. The building’s design will incorporate an original public artwork by artist Derrick Adams. The project has successfully pre-leased half of its commercial space and has obtained a construction loan of $181 million from Bank OZK, reflecting the project’s significant scale within South Florida’s real estate landscape.

Oak Row Equities Closes $181M Construction Loan From Bank OZK For 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on March 17, 2024 By Oscar Nunez

Oak Row Equities has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s rapidly-maturing Edgewater submarket. This transaction is one of the largest mixed-used construction loans to close in South Florida in the past year. Newmark’s Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Daniel Matz arranged the financing. Remarkably, 50% of 2600 Biscayne’s office and retail space was pre-leased before breaking ground, marking it as one of Miami’s most pre-leased new construction office buildings.

Developers Top Off Construction On 509-Unit ‘Residences at The Wynwood Plaza’ In Miami’s Wynwood Arts District

8:00 am on February 25, 2024 By Oscar Nunez

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped off construction on the Residences at The Wynwood Plaza (the “Residences”), the luxury apartment community the team is developing as part of a one-million-square-foot mixed-use campus in Miami’s vibrant Wynwood Arts District. Designed by Gensler, the Residences will comprise 509 thoughtfully appointed high-end rental units, ranging in size from spacious studios to two-bedroom apartments. The Residences will feature floor-to-ceiling windows, state-of-the-art appliances, luxurious finishes, and flexible layouts. L&L and Oak Row will begin welcoming residents in 2025.

Developers Secure FAA Approval For 390-Foot-Tall Structure At 401 NE 29th Street In Edgewater, Miami

8:00 am on January 4, 2024 By Oscar Nunez

The Federal Aviation Administration (FAA) has granted approval for 2900 Terrace, a 38-story mixed-use development planned at 401 Northeast 29th Street in the Edgewater neighborhood of Miami. These permits, approved on January 2 and set to expire on July 2, 2025, mark a significant step forward for the project. Designed by Arquitectonica and developed by LNDMRK Development and Oak Row Equities, the building can reach 390 feet above ground level or 399 feet above mean sea level. An aeronautical study by the FAA confirmed that the structure adheres to obstruction standards and will not pose a hazard to air navigation.

Developers Get Approval From Miami’s UDRB For 38-Story ‘2900 Terrace’ In Edgewater

8:00 am on November 24, 2023 By Oscar Nunez

Miami’s Urban Development Review Board has issued approval for 2900 Terrace, a new 38-story mixed-use development slated for 401 Northeast 29th Terrace in the Edgewater neighborhood. This 380-foot-tall project is a collaboration between LNDMRK Development and Oak Row Equities, with design by the renowned architectural firm Arquitectonica. The development is anticipated to encompass 629,829 square feet, including 324 residential units, 22,354 square feet designated for office use, 13,108 square feet for commercial use, and 515 parking spaces. Construction is expected to be completed in 2026.

12-Story Class AAA Office Tower Tops Off At The Wynwood Plaza In Miami

8:00 am on September 18, 2023 By Oscar Nunez

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped out of the 12-story, 266,000-square-foot, Class AAA boutique office tower at The Wynwood Plaza, a one-million-square-foot mixed-use development designed by Gensler under construction located at 95 Northwest 29th Street in Miami’s Wynwood Arts District. The development will be defined by a half-acre, lushly landscaped public plaza by urban design practice James Corner Field Operations, set to be the largest in the Wynwood Arts District and one of the largest in Miami.

FAA Permits Clear Path For Two 627-Foot-Tall Tower Cranes At 2600 Biscayne Boulevard

8:00 am on August 25, 2023 By Oscar Nunez

In a significant stride toward realizing their vision for a 40-story mixed-use tower, 2600 Biscayne Property, LLC, the joint venture between Oak Row Equities and Lndmrk Development, has secured FAA permits for installing two towering construction cranes at their upcoming project in Miami’s Edgewater neighborhood. These cranes are primed to ascend to 627 feet above ground, translating to a commanding 635 feet above mean sea level. This development’s vertical aspirations reflect a robust commitment to creating a remarkable addition to Miami’s urban landscape.

FAA Permits Submitted For 521-Foot-Tall Tower At 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on July 5, 2023 By Oscar Nunez

Permits have been submitted to the Federal Aviation Administration (FAA) to construct 2600 Biscayne Boulevard, a planned 521-foot-tall mixed-use tower in Miami’s Edgewater neighborhood. The tower will be situated on the western frontage of Biscayne Boulevard, between Northeast 26th Street and Northeast 26th Terrace, also known as 246 Northeast 26th Terrace. Developed by Oak Row Equities in partnership with LNDMRK Development, the site was acquired for $35 million in 2022. Arquitectonica, an acclaimed architectural firm, is responsible for the tower’s design. The permits were filed on June 22, 2023, and are currently undergoing review by the FAA, marking a significant step in the development process.

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