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333 Jefferson Avenue. Courtesy of the Susan Gale Group.

24-Unit Multi-Family Property To Be Converted To Boutique Apartment Hotel At 333 Jefferson Avenue In South Beach

7:30 am on July 20, 2021 By Oscar Nunez

Former Space Club owner Louis Puig recently purchased a multi-family apartment complex for $5.567 million at 333 Jefferson Avenue in the South of Fifth neighborhood in South Beach, Miami Beach, with the intentions of converting it in a boutique apartment hotel licensed for short-term stays/rentals. The property is bounded by 4th Street on the north, Meridian Court on the east, 3rd Street on the south and Jefferson Avenue on the west. As per public record, Susan Gale & Serena Joaquim with ONE Sotheby’s International Realty represented the seller, 333 Jefferson Holdings. Gema Ruiz of Cedano Realty Advisors and Jose Maria de Guzman represented the buyer.

Atlantic Crossing Delray Undergoes Construction at 777 East Atlantic Avenue, Delray Beach, FL, 33483

7:00 am on July 19, 2021 By Colt Dodd

A new mixed-use venture is coming to Atlantic Avenue in Palm Beach County, FL. The venture, called “Atlantic Crossing Delray,” will consist of six low-rise buildings. The subject of this article will be the first and second building.

20-Story Merrick Towers Proposed For 3898 Shipping Avenue Near Coconut Grove, Miami

7:30 am on July 16, 2021 By Oscar Nunez

The City of Miami’s Urban Development Review Board has received an application seeking warrants, waivers and approvals for the development of Merrick Towers, two 20-story mixed-use buildings that will yield a combined 387,568 square feet of space at 3898 Shipping Avenue. Designed by Atelier305 and developed by 3898 Shipping Avenue LLC, the two structures will rise to approximately 226-feet, and will consist of 268 residential units, 32,300 square feet of office space and 6,342 square feet of ground floor retail. The property is located near Coconut Grove at the intersection of Shipping Avenue and Southwest 39th Avenue, and is within walking distance of the Douglas Road Metrorail Station and the Shop at Merrick Park.

Construction at Vista Verde at Sunrise Ongoing at 8894 NW 44th Street, Sunrise, FL, 33351

7:00 am on July 11, 2021 By Colt Dodd

Sunrise, FL, will soon be home to a 288-unit luxury garden-style apartment. The 15.5-acre site is presently under construction after securing a $45.8 construction loan back in 2020. The residence is intended to alleviate the housing crisis in the area. In total, the project will cost $55 million to complete.

MOHAWK at Wynwood. Designed by Deforma Studio.

225-Unit Crowdfunded MOHAWK At Wynwood Is Scheduled To Break Ground In 2023

8:00 am on July 3, 2021 By Oscar Nunez

Miami-based developer Rilea Group, who’s had a long track record of successful real estate projects in South Florida, recently closed on the acquisition of a prominent 1.5 acre piece of property that will allow for the construction of MOHAWK at Wynwood, a 12-story mixed-use building set to rise at 50 Northeast 29th Street in Wynwood near the border with Edgewater. Bounded by NE 28th St. to the south with N. Miami Ave. to the west, project is expected to yield 225 apartment rentals, 22,000 square feet of retail space, and 3,500 square feet of rentable private office space.

NATIIVO Prepares To Go Vertical As FAA Approves Two Tower Cranes For 601 NE 1st Avenue

8:00 am on June 30, 2021 By Oscar Nunez

The Federal Aviation Administration has granted approvals for the installation and use of four tower construction cranes at 601 Northeast 1st Avenue, the address for the upcoming NATIIVO, a 51-story, 588-foot-tall mixed-use skyscraper set to rise on the northeast corner of NE 1st Avenue and NE 6th Street in Downtown Miami. The tower is designed by Arquitectonica with interiors being handled by Urban Robot Associates, and developed by Sixth Street Miami Partners LLC which is owned by the Galbut Family. The tower is expected to yield 932,839 square feet of space and intends to service the home-sharing and short-term-rental industry.

Flamingo Cove Seeks Zoning Variances for 306 Southwest 5th Avenue, Homestead, FL, 33034

7:00 am on June 30, 2021 By Colt Dodd

Flamingo Cove is the working name of a new mixed-use development that’s underway in Homestead, FL. Presently, it is seeking zoning variances, per the Construction Journal. The $10 million project will provide affordable housing to those living in South Florida. Its completion date was not known at the time of publication.

Anchored by Target and Aldi, 19-story mixed-use building coming to 249 N.W. Sixth St., Miami, FL. 33136

7:00 am on June 27, 2021 By Colt Dodd

You’ve never seen a Target or Aldi quite like this––at least in South Florida. Presently, Swerdlow Group is overseeing the development of a mixed-use retail and residential space coming soon Overtown, Miami. Instead of building a one-story, traditional shopping center and residential area, the singular building will tower 19 stories.

Brickell City Centre. Designed by Arquitectonica.

Brickell Is Now A Seller’s Market According To A New Report By RelatedISG Realty

8:00 am on June 18, 2021 By Oscar Nunez

RelatedISG Realty, a general real estate firm based in Aventura with offices throughout Miami-Dade and Broward Counties head by CEO Craig Studnicky, has just released their 2021 South Florida Brickell report. According to the report, the Brickell submarket is officially now a seller’s market, where the demand has exceeded supply which currently sits at just 1% of the total units that’s been built since 2012; in other words, an astounding 99% of the units have been sold…

The District. Courtesy of ArX Solutions USA LLC.

Related Group’s The District At 225 N Miami Avenue Scheduled To Break Ground In Q4 2021

8:00 am on June 17, 2021 By Oscar Nunez

A ground breaking schedule has been announced for The District, a 37-story mixed-use skyscraper set to rise at 225 North Miami Avenue in Downtown Miami. Developed by the Related Group and designed by Sieger Suarez Architects with interiors by the Meshberg Group, the structure should rise to 394-feet and yield 343 units, bounded by bounded by NE 3rd St. to the north, NE 1st Ave, to the east and NE 2nd St. to the south. The developer has unveiled ground breaking will occur in Q4 of 2021, which is later this year.

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