The city’s Planning & Zoning Board is set to deliberate on the proposed land use amendment for “Water’s Edge” on October 3. This transformative project is earmarked for the 22.4-acre site situated at 1600 S.W. 80th Terrace.
Urban Network Capital Group (UNCG), in collaboration with Vertical Developments, has acquired a land parcel in the Edgewater neighborhood of Miami’s urban core at 3618 Northeast 5th Avenue. The transaction closed for $13.5 million, with the previous owner being Hotelex Midtown LLC, an affiliate of Hotelex Group. The 4,725-square-foot parcel is zoned T6-24a-O, permitting a structure of up to 24 stories. The partnership between UNCG and Vertical Developments plans to develop a condo-hotel tower on the property; details have not yet been disclosed. Alfonso Jaramillo from Fortune International Realty represented the buyers in the deal.
Oaklyn, an 11-story mixed-use tower located at 3333 North Federal Highway in the heart of Oakland Park, has completed construction and officially opened its doors, welcoming its first residents. Designed by Kobi Karp Architecture & Interior Design Inc., with First Florida as the general contractor, and developed by Newrock Partners, the property offers 274 apartment residences, ranging from studios to two bedrooms, with flexible floor plans spanning from 451 to 1,172 square feet. Oaklyn recently received its Temporary Certificate of Occupancy on September 15, offering residents unobstructed rooftop views of the cityscape and beaches, sleek interior finishes, and abundant amenities.
North Bay Village has given the green light to Miami-based Riviera Horizons for a 26-story condominium development designed by Revuelta Architecture International. In a unanimous decision, the Village Commission approved the project on a 0.77-acre property at 7938 and 7940 West Drive on September 29. The proposed development is set to feature a collection of 70 luxurious condominiums, each designed as corner units to offer captivating waterfront views. These residences will range from a comfortable 2,000 square feet with two bedrooms to a sprawling 6,850 square feet with four bedrooms. The larger units will boast private roof terraces with pools and hot tubs.
In July 2022, Continua Group purchased a 1.3-acre parcel for $7.59 million. Now, it has proposed a residential venture that would require demolishing an already-existing office building. Meet its replacement: 1150 NoMi.
