The acquisition of a $424 million construction loan will make completing Rivage Residences in Miami-Dade County possible. Florida YIMBY first reported on this luxury high-rise in early 2023.
The Rosewood Residences Lido Beach has topped out in Sarasota County. Florida YIMBY first reported on this venture in June 2022. The 11-story tower will feature 65 three-bedroom and four-bedroom units.
The 31-story 600 Miami Worldcenter (600 MWC) has reached a significant development milestone, with the developers securing a utility agreement from Miami-Dade’s Water and Sewer Department. This agreement is essential for providing services to the building, marking notable progress in this pre-construction phase of the project. Designed by Revuelta Architecture International and featuring interiors by Designagency, the development is a joint venture between Aria Development and Merrimac Ventures under the 55 NE 6TH ACQUISITION LLC. The 327-foot-tall structure is set to rise at 600 Northeast 1st Avenue, bordered by Northeast 6th Street to the south and train tracks to the north. OneWorld Properties is exclusively managing sales and marketing for the project. Miami’s Urban Development Review Board recommended approval for 600 MWC in July.
Construction is near fully topping out 0n Society Wynwood, a 10-story mixed-use development at 2431 Northwest 2nd Avenue in the heart of Miami’s Wynwood Arts District. Designed by MKDA and developed by a joint venture partnership between national developer Property Markets Group and Canada-based private equity firm Greybrook Realty Partners, the 680,873-square-foot structure will have 318 residential units, over 50,000 square feet of retail/restaurant space, and over 200 parking spaces. John Moriarty & Associates is the project’s general contractor, located between Northwest 24th and 25th Streets.
In recent years, Miami has seen a dramatic shift towards the development of buildings that offer flexibility via short term rentals. Owners of these types of property are allowed to rent out their units free…
