Residential

Shoma Group Acquires 2.5-Acre Site Near Coral Gables To Develop Two 18-Story Mixed-Use Towers Designed By MSA Architects

Miami-based developer Shoma Group (Shoma) has purchased a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. The property, bound by Douglas Road to the west and Metrorail’s elevated railway to the south, will be cleared to make way for  Shoma One, a two-towered 18-story mixed-use development designed by MSA Architects with 391-unit apartment community and a Shoma Bazaar food hall. The development is scheduled to break ground in January 2023 and is expected to be completed in 18-24 months with an estimated cost of $220 million to build.

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Madison Point Apartments Tops Out In Naranja, Miami-Dade County

Construction has topped off for Madison Point Apartments, a multi-building garden-style mixed-use development community under construction along South Dixie Highway intersecting with Henderson Street in Naranja, Miami-Dade County. Designed by Palenzuela & Hevia Design Group and developed by JQ Group, the development is comprised of four 4-story buildings containing 263 residential units and 14,355 square feet of ground floor commercial space. Davie-based ANF Group, Inc., the general contractor on the project, officially announced the topping out of the concrete structures, and is scheduled for completion towards the end of this year.

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