Standard International

Rosso Development, Standard International & Midtown Development Secure $45.045 Million Financing From Bank OZK For The Standard Residences, Midtown Miami

Hospitality and real estate pioneers Rosso Development, Standard International, and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami, located at 3100 Northeast 1st Avenue. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.

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Standard International And Rosso Development Break Ground On The Standard Residences, Midtown Miami

Hospitality and real estate innovators Standard International, Rosso Development, and Midtown Development have started construction on The Standard Residences, Midtown Miami. Situated at 3100 Northeast 1st Avenue in Midtown, nestled between the Design District and Wynwood, the 12-story building is a collaboration between the internationally acclaimed architecture firm Arquitectonica, renowned interior designer Urban Robot Associates, The Standard’s award-winning in-house design team, landscape designer Naturalficial, and Civic Construction serving as the general contractor. The development boasts 228 residences and 34,000 square feet of thoughtfully curated amenity spaces.

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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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