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.
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.
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.
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.
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.
