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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AIMCO Plans For Two Luxury High Rises Along Biscayne Bay In Edgewater

Denver-based real estate developer AIMCO is planning to redevelop an assemblage of properties in Edgewater near Biscayne Bay. In their recent Fall 2021 Investor Presentation, the company told investors that they completed the purchase of additional properties beside their Hamilton on the Bay apartment tower, which combined will allow for 1.1 million square feet of new construction. The assemblage is comprised of 10 plots of land approximately totaling 70,000 square feet, which may give way to two luxury residential towers well over 50 stories, and potentially addressed as 640 Northeast 34th Street.

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The Standard & Rosso Development Announces The Launch Of The Standard Residences In Midtown Miami

New York City-based Standard International and Rosso Development have teamed up with real estate investment firm Midtown Development to announce the launch of The Standard Residences, a 12-story mixed-use development planned for 3100 Northeast 1st Avenue in Midtown, Miami. Designed by international architecture firm Arquitectonica with interiors by Urban Robot Associates, the project is the first of it’s kind for the hospitality brand, offering 228 fully-appointed, move-in ready residences while simultaneously allowing flexible short-rental programs with 30-day minimum stays up to 12 times per year. The structure will also include 34,000 square feet of amenities and 10,000 square feet of ground floor retail.

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