If you’ve ever been to New York City, you’ve probably heard of the Baccarat Hotel, which is a five-star hotel located adjacent to Central Park. However, visitors won’t have to trek all the way to the Big Apple to stay at one of these hotels for long; Baccarat Hotel & Residences to coming to Miami, FL, in the second quarter of 2024.
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…
Applications have been submitted to the Central City Redevelopment Advisory Board seeking the approval for the design and development of South Middle River Lofts, a 5-story mixed-use apartment complex proposed for 1123 Northeast 4th Avenue in Fort Lauderdale. Designed by Atlas Architects and developed by Chicago-based East Lake Management Group under the 1123 NE 4th Ave FL LLC, the project yields 84,207 square feet of space across 60 residential units, 2,250 square feet of commercial space and 120 parking spaces.
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.
Recently, YIMBY posted on a pair of twin towers previously known as Island Bay proposed by the Melo Group, one of the most active high-end residential real estate developers in all of Miami. Just days later, the developer has officially launched sales on the south tower of the project, now officially known as Aria Reserve Miami, which is set to rise on 5-acres of land addressed as 700 Northeast 24th Street in Edgewater, Miami. The floor count has been bumped up to 62-stories and the towers should rise to 649-feet above sea level, granting the development the title of the tallest waterfront residential twin buildings in the country, yielding a total of 782 residences.
