Residential



AMLI Residential Acquires Midtown 7 Development Site For $30.5 Million

Chicago-based AMLI Residential has acquired an 80,000-square-foot development site from real estate developer Midtown Development in Midtown Miami. Midtown Opportunities VB LLC, an affiliate of Midtown Development, sold the vacant 1.84-acre site to PPF AMLI 3001 NE 1st Avenue LLC, an entity linked to AMLI, for $30.5 million. The property is addressed as 3001 Northeast 1st Avenue, often recognized as Midtown 7, and is bounded by Gio Midtown on the north and Yard 8 Midtown on the south between Northeast 1st and East Coast Avenues with additional frontage on Northeast 30th Street.

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Jaymor Group Submits Application For Two Waterfront High-Rises In Daytona Beach

Applications have been submitted to the Federal Aviation Administration for the development of the 11.3-acre Daytona Gateway Marina project, which is comprised of two mixed-use high rise buildings and a 138-slip marina at 135 East International Speedway Boulevard in Daytona Beach. The buildings would rise 415-feet and 417-feet, or 422-feet and 425-feet above sea level, and will include 550 luxury residences, a boutique hotel, retail and restaurant spaces, and space to accommodate vessels ranging from 40 to 150 feet as well as dry storage for up 250 boats. The Jaymor Group is the owner behind the applications. 

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